Holmes Marshall Volunteer Fire Co

Analysis

Holmes Marshall Volunteer Fire Co is a registered charity in United States, based in Piscataway, NJ. It received its IRS tax-exemption ruling in November 2017, 9 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, Holmes Marshall Volunteer Fire Co reported income of $65k and spending of $65k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $65k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 108% 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, Holmes Marshall Volunteer Fire Co sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Alpena Volunteer Fire Department Inc ($65k), Eau Claire Volunteer Fire Department and Auxiliary ($65k) and Topanga Coalition for Emergency Preparedness ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. At year end it held assets of $179k against liabilities of $0, net assets of $179k.