Washington Borough Fire Department Inc

Analysis

Washington Borough Fire Department Inc is a registered charity in United States, based in Washington, NJ. It received its IRS tax-exemption ruling in July 2021, 5 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, Washington Borough Fire Department Inc reported income of $113k and spending of $78k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $113k (-12%), an average of -12% a year. Over the whole period it spent 58% 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, Washington Borough Fire Department Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 48th percentile within NJ. Charities of a similar size with the same main cause include Hope Fire Co 2 St40 Aas ($113k), Penrhyn Engine & Hose Co Inc ($113k) and Spring Valley Volunteer Fire Department ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $133k against liabilities of $0, net assets of $133k.