Pine Beach Volunteer Fire Co No 1

Analysis

Pine Beach Volunteer Fire Co No 1 is a registered charity in United States, based in Pine Beach, NJ. It received its IRS tax-exemption ruling in August 2018, 8 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, Pine Beach Volunteer Fire Co No 1 reported income of $157k and spending of $75k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $173k to $157k (-9.7%), an average of -9.7% a year. Over the whole period it spent 44% 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, Pine Beach Volunteer Fire Co No 1 sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Hopewell Hose Company ($157k), The Stinson Beach Volunteer Firefighters Association Inc ($157k) and Miller City Volunteer Fire Dept ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% of the total. At year end it held assets of $648k against liabilities of $4,723, net assets of $643k.