Chatham Township Volunteer Fire Dept

Analysis

Chatham Township Volunteer Fire Dept is a registered charity in United States, based in Chatham, NJ. It received its IRS tax-exemption ruling in March 1992, 34 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, Chatham Township Volunteer Fire Dept reported income of $216k and spending of $227k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $215k to $216k (+0.3%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 82% 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, Chatham Township Volunteer Fire Dept sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Friedens Volunteer Fire Company ($216k), Tequesta Friends of Public Safety Inc ($216k) and Thompsontown Volunteer Fire Company ($216k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.9% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.