New Milford Fire Company 2 Inc

Analysis

New Milford Fire Company 2 Inc is a registered charity in United States, based in New Milford, NJ. It received its IRS tax-exemption ruling in May 2008, 18 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, New Milford Fire Company 2 Inc reported income of $61k and spending of $52k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $34k to $61k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 91% 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, New Milford Fire Company 2 Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 31st percentile within NJ. Charities of a similar size with the same main cause include Springtown Volunteer Fire Department ($61k), United States Power Squadrons ($61k) and York Township Volunteer Fire Dept ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.