Collingswood Fire Company No 1

Analysis

Collingswood Fire Company No 1 is a registered charity in United States, based in Collingswood, NJ. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Collingswood Fire Company No 1 reported income of $346k and spending of $58k, leaving 83% of income unspent that year. Across the 2 years on record, from March 2023 to March 2024, income grew from $5,706 to $346k (+5970%), an average of +5970% a year. The sharpest change came in the year to March 2024, when income rose by 5970%. Over the whole period it spent 27% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Collingswood Fire Company No 1 sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Moon Run Volunteer Fire Co of Robinson Township ($346k), White Level Rural Fire Department ($347k) and Lake Tillery Fire and Rescue Inc ($346k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.1% and program service revenue 2.7% of the total. At year end it held assets of $707k against liabilities of $0, net assets of $707k.