New Vernon Volunteer Fire Department Fund a NJ Nonprofit Cor

Analysis

New Vernon Volunteer Fire Department Fund a NJ Nonprofit Cor is a registered charity in United States, based in New Vernon, NJ. It received its IRS tax-exemption ruling in January 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, New Vernon Volunteer Fire Department Fund a NJ Nonprofit Cor reported income of $390k and spending of $406k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $309k to $390k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 25%. Over the whole period it spent 85% 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 Vernon Volunteer Fire Department Fund a NJ Nonprofit Cor sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 72nd percentile within NJ. Charities of a similar size with the same main cause include Bastrop County Long Term Recovery T Eam ($390k), Midland Valley Fire Department Inc ($391k) and Peebles District Volunteer Fire Company ($390k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.