Franklin Fire Dept Inc

Analysis

Franklin Fire Dept Inc is a registered charity in United States, based in Franklin, NJ. It received its IRS tax-exemption ruling in May 2014, 12 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, Franklin Fire Dept Inc reported income of $72k and spending of $75k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $72k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 96% 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, Franklin Fire Dept Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Bartlett Volunteer Fire Association ($72k), Mount Ephraim Fire Department Inc ($72k) and Earles Chapel Volunteer Fire Department ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 21% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.