Bernardsville Fire Company

Analysis

Bernardsville Fire Company is a registered charity in United States, based in Bernardsville, NJ. It received its IRS tax-exemption ruling in September 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bernardsville Fire Company reported income of $304k and spending of $284k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $351k to $304k (-13%), an average of -4.7% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. Over the whole period it spent 88% 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, Bernardsville Fire Company sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 68th percentile within NJ. Charities of a similar size with the same main cause include Knott County Long Term Disaster Recovery Group Inc ($304k), Semora Volunteer Fire Department Inc ($304k) and Smithfield Fire Company No 1 ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.9m against liabilities of $3,996, net assets of $1.9m.