Port Republic Volunteer Fire Company

Analysis

Port Republic Volunteer Fire Company is a registered charity in United States, based in Port Republic, NJ. It received its IRS tax-exemption ruling in August 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, Port Republic Volunteer Fire Company reported income of $151k and spending of $75k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $151k (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 59% 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, Port Republic Volunteer Fire Company sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Citizens Volunteer Hose Company No 1 of Birdville Pa ($151k), Wise Volunteer Fire Department Inc ($151k) and Greenwich Volunteer Fire Department Inc ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 0.4% of the total. At year end it held assets of $505k against liabilities of $0, net assets of $505k.