Oak Valley Volunteer Fire Co 1

Analysis

Oak Valley Volunteer Fire Co 1 is a registered charity in United States, based in Wenonah, NJ. It received its IRS tax-exemption ruling in June 2014, 12 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 December 2023, Oak Valley Volunteer Fire Co 1 reported income of $107k and spending of $116k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $107k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 105% 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, Oak Valley Volunteer Fire Co 1 sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Johnstown Volunteer Fire Dept ($107k), Redondo Beach Police Foundation ($107k) and Culberson Volunteer Fire Department NC ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $187k against liabilities of $81k, net assets of $107k.