The Daretown Fire Company

Analysis

The Daretown Fire Company is a registered charity in United States, based in Elmer, NJ. It received its IRS tax-exemption ruling in August 1999, 27 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 May 2024, The Daretown Fire Company reported income of $314k and spending of $100k, leaving 68% of income unspent that year. Across the 6 years on record, from May 2019 to May 2024, income grew from $178k to $314k (+76%), an average of +12% a year. The sharpest change came in the year to May 2024, when income rose by 164%. Over the whole period it spent 75% 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, The Daretown Fire Company sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Liberty Chapel Volunteer Fire Fighters Inc Liberty Chapel ($314k), Basking Ridge Fire Company No 1 ($314k) and Central Cascades Fire & Ems ($314k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 81% of the total. At year end it held assets of $817k against liabilities of $0, net assets of $817k.