Palisade Company No 4 Fort Lee Fire Department

Analysis

Palisade Company No 4 Fort Lee Fire Department is a registered charity in United States, based in Fort Lee, NJ. It received its IRS tax-exemption ruling in December 2010, 16 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, Palisade Company No 4 Fort Lee Fire Department reported income of $80k and spending of $63k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $80k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 95% 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, Palisade Company No 4 Fort Lee Fire Department sits at the 30th percentile: it is larger than about 30% 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 Northford Volunteer Fire Department North Branford No 2 Incorporated ($80k), Jefferson Township Fire Department No 1 of Milton ($80k) and Cactus Intertie Inc ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $106k against liabilities of $0, net assets of $106k.