The Franklin Fire Engine Company T a Franklin Fire Company No 1

Analysis

The Franklin Fire Engine Company T a Franklin Fire Company No 1 is a registered charity in United States, based in Columbus, NJ. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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, The Franklin Fire Engine Company T a Franklin Fire Company No 1 reported income of $133k and spending of $184k, spending 139% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $386k to $133k (-66%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 61%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Franklin Fire Engine Company T a Franklin Fire Company No 1 sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Philosophical Society of Washington ($133k), Kolbe School of Polish Language ($133k) and Drama Workshop ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $87k against liabilities of $0, net assets of $87k.