Alloway Township Fire Company Inc

Analysis

Alloway Township Fire Company Inc is a registered charity in United States, based in Alloway, NJ. It received its IRS tax-exemption ruling in April 2018, 8 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, Alloway Township Fire Company Inc reported income of $67k and spending of $32k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $81k to $67k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 24%. Over the whole period it spent 46% 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, Alloway Township Fire Company Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Bristol Volunteer Fire Department ($67k), Lawn Volunteer Fire Fighters ($67k) and Motorcycle Awareness Campaign Inc ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $853k against liabilities of $0, net assets of $853k.