Griggstown Volunteer Fire Co Inc

Analysis

Griggstown Volunteer Fire Co Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in March 2019, 7 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 December 2023, Griggstown Volunteer Fire Co Inc reported income of $148k and spending of $160k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $260k to $148k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 73% 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, Griggstown Volunteer Fire Co Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Forestport Fire Fighters Inc ($148k), St Paul Fire Foundation ($148k) and Eula Volunteer Fire Department ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $586k against liabilities of $0, net assets of $586k.