Brookside Engine Company No 1

Analysis

Brookside Engine Company No 1 is a registered charity in United States, based in Brookside, NJ. It received its IRS tax-exemption ruling in October 2000, 26 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 January 2024, Brookside Engine Company No 1 reported income of $73k and spending of $90k, spending 122% of what it took in. Across the 5 years on record, from January 2020 to January 2024, income fell from $86k to $73k (-14%), an average of -3.7% a year. The sharpest change came in the year to January 2024, when income dropped by 48%. Over the whole period it spent 87% 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, Brookside Engine Company No 1 sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 36th percentile within NJ. Charities of a similar size with the same main cause include Releief Association of Lititz Fire Co ($73k), Berlin Firefighters Benefit Association Inc ($74k) and The Edinburg Emergency Squad Inc ($73k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 32% of the total. At year end it held assets of $303k against liabilities of $55k, net assets of $248k.