Rifle Camp Volunteer Fire Company No 3 Inc
Rifle Camp Volunteer Fire Company No 3 Inc: Consistent Growth, Strong Reserves
EIN: 222992016 · West Paterson, NJ · NTEE: M24 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $490K |
| Total Expenses | $26K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Rifle Camp Volunteer Fire Company No 3 Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rifle Camp Volunteer Fire Company No 3 Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rifle Camp Volunteer Fire Company No 3 Inc
Rifle Camp Volunteer Fire Company No 3 Inc (EIN: 222992016) is a nonprofit organization based in West Paterson, NJ, classified under NTEE code M24. The organization reported total revenue of $490K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rifle Camp Volunteer Fire Company No 3 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rifle Camp Volunteer Fire Company No 3 Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $179K |
| Total Expenses | $26K |
| Surplus / Deficit | +$153K |
| Total Assets | $1.5M |
| Net Assets | $1.5M |
| Operating Margin | 85.4% |
| Months of Reserves | 673.2 months |
Financial Health Grade: A
In 2023, Rifle Camp Volunteer Fire Company No 3 Inc reported a surplus of $153K with revenue exceeding expenses, holds 673.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Rifle Camp Volunteer Fire Company No 3 Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.4% | -2.8% | +11.6% |
| 2022 | +21.4% | -16.3% | +11.4% |
| 2021 | +15.0% | -35.9% | +9.4% |
| 2020 | -8.2% | +43.7% | +6.5% |
| 2019 | +3.2% | +34.3% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rifle Camp Volunteer Fire Company No 3 Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Rifle Camp Volunteer Fire Company No 3 Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $153K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not reported, with all leadership positions appearing to be volunteer-based, as indicated by $0 compensation in recent filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Rifle Camp Volunteer Fire Company No 3 Inc:
- Consistent revenue growth over the past several years, from $101,391 in 2017 to $178,686 in 2023.
- Strong and growing asset base, increasing from $824,916 in 2017 to $1,466,902 in 2023, indicating robust financial health.
- Zero reported compensation for officers, directors, trustees, and key employees, highlighting a dedicated volunteer model.
- Low fundraising expenses relative to total revenue, suggesting efficient resource generation.
Frequently Asked Questions about Rifle Camp Volunteer Fire Company No 3 Inc
Is Rifle Camp Volunteer Fire Company No 3 Inc a legitimate charity?
Rifle Camp Volunteer Fire Company No 3 Inc (EIN: 222992016) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $490K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Rifle Camp Volunteer Fire Company No 3 Inc spend its money?
Rifle Camp Volunteer Fire Company No 3 Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Rifle Camp Volunteer Fire Company No 3 Inc tax-deductible?
Rifle Camp Volunteer Fire Company No 3 Inc is registered as a tax-exempt nonprofit (EIN: 222992016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rifle Camp Volunteer Fire Company No 3 Inc CEO make?
Rifle Camp Volunteer Fire Company No 3 Inc's highest-compensated officer earns $0 annually. The organization reported $490K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rifle Camp Volunteer Fire Company No 3 Inc's spending goes to programs?
Rifle Camp Volunteer Fire Company No 3 Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rifle Camp Volunteer Fire Company No 3 Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rifle Camp Volunteer Fire Company No 3 Inc is above average for NTEE category M24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rifle Camp Volunteer Fire Company No 3 Inc located?
Rifle Camp Volunteer Fire Company No 3 Inc is headquartered in West Paterson, New Jersey and files with the IRS under EIN 222992016. It is classified under NTEE code M24.
How many years of IRS 990 filings does Rifle Camp Volunteer Fire Company No 3 Inc have?
Rifle Camp Volunteer Fire Company No 3 Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $490K in total revenue.
What does Rifle Camp Volunteer Fire Company No 3 Inc do?
Rifle Camp Volunteer Fire Company No 3 Inc is a nonprofit organization in the Public Safety & Disaster Preparedness sector, located in West Paterson, New Jersey. It is classified under NTEE code M24.
How much revenue does Rifle Camp Volunteer Fire Company No 3 Inc have?
Rifle Camp Volunteer Fire Company No 3 Inc reported total revenue of $489,944. Based on 13 IRS 990 filings on record.
What are Rifle Camp Volunteer Fire Company No 3 Inc's total assets?
Rifle Camp Volunteer Fire Company No 3 Inc holds total assets of $1,631,164 as reported in IRS 990 filings.
Where is Rifle Camp Volunteer Fire Company No 3 Inc located?
Rifle Camp Volunteer Fire Company No 3 Inc is based in West Paterson, New Jersey.
What is Rifle Camp Volunteer Fire Company No 3 Inc's EIN?
Rifle Camp Volunteer Fire Company No 3 Inc's Employer Identification Number (EIN) is 222992016. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Rifle Camp Volunteer Fire Company No 3 Inc?
Rifle Camp Volunteer Fire Company No 3 Inc is classified under NTEE code M24 (Public Safety & Disaster Preparedness).
Is Rifle Camp Volunteer Fire Company No 3 Inc a registered 501(c)(3)?
Yes, Rifle Camp Volunteer Fire Company No 3 Inc is recognized as a tax-exempt organization by the IRS. EIN: 222992016.
Does Rifle Camp Volunteer Fire Company No 3 Inc file IRS Form 990?
Yes, Rifle Camp Volunteer Fire Company No 3 Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Rifle Camp Volunteer Fire Company No 3 Inc's revenue in 2023?
In the 202312 filing period, Rifle Camp Volunteer Fire Company No 3 Inc reported total revenue of $178,686, total expenses of $26,149, and net assets of $1,466,902.
Is Rifle Camp Volunteer Fire Company No 3 Inc's revenue growing or declining?
Rifle Camp Volunteer Fire Company No 3 Inc's revenue is growing. Revenue went from $161,837 (202212) to $178,686 (202312), a +10.4% change. Based on 13 filings on record.
What is Rifle Camp Volunteer Fire Company No 3 Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Rifle Camp Volunteer Fire Company No 3 Inc covers tax period 202312. It shows revenue of $178,686, expenses of $26,149, total assets of $1,466,902, and liabilities of N/A.
How much does Rifle Camp Volunteer Fire Company No 3 Inc spend on programs vs administration?
Based on IRS 990 analysis, Rifle Camp Volunteer Fire Company No 3 Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Rifle Camp Volunteer Fire Company No 3 Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Rifle Camp Volunteer Fire Company No 3 Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Rifle Camp Volunteer Fire Company No 3 Inc's strengths?
Positive indicators for Rifle Camp Volunteer Fire Company No 3 Inc include: Consistent revenue growth over the past several years, from $101,391 in 2017 to $178,686 in 2023.. Strong and growing asset base, increasing from $824,916 in 2017 to $1,466,902 in 2023, indicating robust financial health.. Zero reported compensation for officers, directors, trustees, and key employees, highlighting a dedicated volunteer model.. Low fundraising expenses relative to total revenue, suggesting efficient resource generation.. These findings are derived from AI analysis of the organization's financial filings.
How does Rifle Camp Volunteer Fire Company No 3 Inc compensate executives?
Executive compensation is not reported, with all leadership positions appearing to be volunteer-based, as indicated by $0 compensation in recent filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its operations and growth without paid executive leadership?
The organization appears to rely entirely on volunteer efforts for its leadership and operational management, as evidenced by $0 reported compensation for officers, directors, trustees, and key employees in all available filings. This model is common for smaller, community-based volunteer fire companies and is supported by consistent fundraising and community support.
What is the primary source of the significant asset growth observed?
While specific asset categories are not detailed in the provided data, the consistent increase in total assets from $824,916 in 2017 to $1,466,902 in 2023 suggests a combination of retained earnings from revenue exceeding expenses and potentially capital improvements or equipment acquisitions. The 'a' field represents total assets, indicating overall financial accumulation.
Filing History
IRS 990 filing history for Rifle Camp Volunteer Fire Company No 3 Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rifle Camp Volunteer Fire Company No 3 Inc's revenue has grown by 83.5%, moving from $97K to $179K. Total assets increased by 201.4% over the same period, from $487K to $1.5M. Total functional expenses fell by 57.4%, from $61K to $26K. In its most recent filing year (2023), Rifle Camp Volunteer Fire Company No 3 Inc reported a surplus of $153K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $179K | $26K | $1.5M | $0 | — | — |
| 2022 | $162K | $27K | $1.3M | $0 | — | View 990 |
| 2021 | $133K | $32K | $1.2M | $0 | — | View 990 |
| 2020 | $116K | $50K | $1.1M | $0 | — | View 990 |
| 2019 | $126K | $35K | $1.0M | $0 | — | View 990 |
| 2018 | $122K | $26K | $921K | $0 | — | View 990 |
| 2017 | $101K | $31K | $825K | $0 | — | — |
| 2016 | $102K | $33K | $755K | $0 | — | View 990 |
| 2015 | $95K | $27K | $686K | $0 | — | View 990 |
| 2014 | $87K | $41K | $617K | $0 | — | View 990 |
| 2013 | $90K | $30K | $572K | $0 | — | View 990 |
| 2012 | $91K | $66K | $512K | $0 | — | View 990 |
| 2011 | $97K | $61K | $487K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $179K, expenses of $26K, and assets of $1.5M (revenue +10.4% year-over-year).
- 2022: Revenue of $162K, expenses of $27K, and assets of $1.3M (revenue +21.4% year-over-year).
- 2021: Revenue of $133K, expenses of $32K, and assets of $1.2M (revenue +15.0% year-over-year).
- 2020: Revenue of $116K, expenses of $50K, and assets of $1.1M (revenue -8.2% year-over-year).
- 2019: Revenue of $126K, expenses of $35K, and assets of $1.0M (revenue +3.2% year-over-year).
- 2018: Revenue of $122K, expenses of $26K, and assets of $921K (revenue +20.7% year-over-year).
- 2017: Revenue of $101K, expenses of $31K, and assets of $825K (revenue -0.9% year-over-year).
- 2016: Revenue of $102K, expenses of $33K, and assets of $755K (revenue +7.4% year-over-year).
- 2015: Revenue of $95K, expenses of $27K, and assets of $686K (revenue +9.8% year-over-year).
- 2014: Revenue of $87K, expenses of $41K, and assets of $617K (revenue -3.7% year-over-year).
- 2013: Revenue of $90K, expenses of $30K, and assets of $572K (revenue -1.1% year-over-year).
- 2012: Revenue of $91K, expenses of $66K, and assets of $512K (revenue -6.5% year-over-year).
- 2011: Revenue of $97K, expenses of $61K, and assets of $487K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rifle Camp Volunteer Fire Company No 3 Inc:
Data Sources and Methodology
This transparency report for Rifle Camp Volunteer Fire Company No 3 Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.