West Amwell Fire Company

Analysis

West Amwell Fire Company is a registered charity in United States, based in Lambertville, NJ. It received its IRS tax-exemption ruling in February 2024, 2 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, West Amwell Fire Company reported income of $78k and spending of $172k, spending 221% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income fell from $281k to $78k (-72%), an average of -47% a year. The sharpest change came in the year to December 2020, when income dropped by 56%. Over the whole period it spent 92% 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, West Amwell Fire Company sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Cos Cob Volunteer Fire Company No 1 Incorporated ($78k), Beekman Fire Company Inc ($78k) and Vancouver Rifle and Pistol Club ($78k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 99% of the total. At year end it held assets of $818k against liabilities of $0, net assets of $818k.