Green Brook Township Volunteer Fire Company No 1 Inc

Analysis

Green Brook Township Volunteer Fire Company No 1 Inc is a registered charity in United States, based in Green Brook, NJ. It received its IRS tax-exemption ruling in December 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Green Brook Township Volunteer Fire Company No 1 Inc reported income of $81k and spending of $81k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $220k to $81k (-63%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 100% 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, Green Brook Township Volunteer Fire Company No 1 Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Huxley Volunteer Fire Dept ($81k), Plymouth Borough Ambulance Assoc Inc ($81k) and Lester Volunteer Fire Dept ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $290k against liabilities of $0, net assets of $290k.