Midland Park Volunteer Fire Company

Analysis

Midland Park Volunteer Fire Company is a registered charity in United States, based in Midland Park, NJ. It received its IRS tax-exemption ruling in September 2020, 6 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, Midland Park Volunteer Fire Company reported income of $65k and spending of $37k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $65k to $65k (-0.6%), an average of -0.6% a year. Over the whole period it spent 71% 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, Midland Park Volunteer Fire Company sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within NJ. Charities of a similar size with the same main cause include Altamont Fire Co of West Mahanoy Township Schuylkill County Penna ($65k), Edom Volunteer Fire Department Inc ($65k) and Blount County Fire and Emergency Medical Services Associatio ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $310k against liabilities of $0, net assets of $310k.