Boonton Township Fire Department Inc

Analysis

Boonton Township Fire Department Inc is a registered charity in United States, based in Boonton TWP, NJ. It received its IRS tax-exemption ruling in January 1999, 27 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, Boonton Township Fire Department Inc reported income of $69k and spending of $74k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $72k to $69k (-3.7%), an average of -3.7% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boonton Township Fire Department Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Endowment and Development Fund of the International Brotherhood of M ($69k), Toys for Kids ($69k) and Friends of Laguna Beach Library ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 12% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.