Ocean City Police Officers Nonprofit Corporation

Analysis

Ocean City Police Officers Nonprofit Corporation is a registered charity in United States, based in Ocean City, NJ. It received its IRS tax-exemption ruling in October 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, Ocean City Police Officers Nonprofit Corporation reported income of $52k and spending of $83k, spending 159% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $134k to $52k (-61%), an average of -61% a year. The sharpest change came in the year to December 2023, when income dropped by 61%. Over the whole period it spent 110% 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, Ocean City Police Officers Nonprofit Corporation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 27th percentile within NJ. Charities of a similar size with the same main cause include Hoback Volunteer Fire Department ($52k), Joanna Volunteer Fire Department ($52k) and Friends of Smith Valley Fire District ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 130% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.