Laurelton Fire Co No 1 Inc

Analysis

Laurelton Fire Co No 1 Inc is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in November 2001, 25 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, Laurelton Fire Co No 1 Inc reported income of $165k and spending of $128k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $165k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 90% 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, Laurelton Fire Co No 1 Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Lake City Fire Company ($165k), Washington Emergency Squad ($165k) and Summit County Search and Rescue Fund ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 31% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.