Tinton Falls Fire Co No 1

Analysis

Tinton Falls Fire Co No 1 is a registered charity in United States, based in Tinton Falls, NJ. It received its IRS tax-exemption ruling in January 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, Tinton Falls Fire Co No 1 reported income of $92k and spending of $66k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $117k to $92k (-21%), an average of -7.6% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 63% 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, Tinton Falls Fire Co No 1 sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 42nd percentile within NJ. Charities of a similar size with the same main cause include Farmingville Fire Department Vol Exempt Firemens Benevolent Assoc ($92k), Trail Prospectors Alliance ($92k) and Liberty Fire Co No 1 ($92k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $615k against liabilities of $0, net assets of $615k.