Fair Haven Fire Department First Aid Corps

Analysis

Fair Haven Fire Department First Aid Corps is a registered charity in United States, based in Fair Haven, NJ. It received its IRS tax-exemption ruling in July 1971, 55 years ago. 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, Fair Haven Fire Department First Aid Corps reported income of $62k and spending of $71k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $62k (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 128% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fair Haven Fire Department First Aid Corps 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 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Aurora Rotary Foundation Inc ($62k), Nassau Pops Symphony Orchestra Inc ($62k) and PTA Texas Congress ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $436k against liabilities of $1,835, net assets of $434k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.