Erma Volunteer Fire Company Inc

Analysis

Erma Volunteer Fire Company Inc is a registered charity in United States, based in Cape May, NJ. It received its IRS tax-exemption ruling in November 2015, 11 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, Erma Volunteer Fire Company Inc reported income of $99k and spending of $68k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $99k (+414%), an average of +414% a year. The sharpest change came in the year to December 2023, when income rose by 414%. Over the whole period it spent 100% 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, Erma Volunteer Fire Company Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Louisiana Operation Lifesaver Incorporated ($99k), Judah Brown Project ($99k) and Mantoloking Fire Company No 1 ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $141k against liabilities of $0, net assets of $141k.