Strathmere Volunteer Fire Company Inc

Analysis

Strathmere Volunteer Fire Company Inc is a registered charity in United States, based in Strathmere, NJ. It received its IRS tax-exemption ruling in July 2014, 12 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, Strathmere Volunteer Fire Company Inc reported income of $168k and spending of $40k, leaving 76% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $168k (+156%), an average of +156% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 36% 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, Strathmere Volunteer Fire Company Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Martin Volunteer Fire Dept B ($168k), Edinboro Fireman Relief Association ($168k) and Maple Hill Volunteer Fire Department Inc ($168k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $440k against liabilities of $0, net assets of $440k.