The Independence Fire Company No 1 Of Palmyra Nj
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,304 | 70,772 | −3,468 | 39.9 | — |
| 2012 | 75,258 | 103,002 | −27,744 | 24.2 | — |
| 2013 | 85,316 | 75,432 | 9,884 | 41.1 | — |
| 2014 | 89,461 | 91,783 | −2,322 | 33.0 | — |
| 2015 | 96,567 | 92,095 | 4,472 | 31.2 | — |
| 2016 | 97,659 | 91,581 | 6,078 | 32.7 | — |
| 2017 | 104,095 | 100,672 | 3,423 | 32.7 | — |
| 2018 | 115,392 | 95,762 | 19,630 | 33.6 | — |
| 2019 | 102,327 | 91,706 | 10,621 | 38.4 | — |
| 2020 | 72,038 | 94,075 | −22,037 | 35.6 | — |
| 2021 | 86,865 | 76,748 | 10,117 | 48.7 | — |
| 2022 | 103,229 | 114,653 | −11,424 | 28.5 | — |
| 2023 | 97,641 | 101,245 | −3,604 | 33.0 | — |
In its most recent public year (2023), this organization spent $3,604 more than it brought in. Its reserves stood at about 33 months of spending, down from 39.9 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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