North Shore Volunteer Emergency Squad Inc

Analysis

North Shore Volunteer Emergency Squad Inc is a registered charity in United States, based in Cleveland, NY. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, North Shore Volunteer Emergency Squad Inc reported income of $887k and spending of $1.0m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $657k to $887k (+35%), an average of +7.8% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Shore Volunteer Emergency Squad Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 74th percentile within NY. Charities of a similar size with the same main cause include Fundacion Hogar Ninito Jesus Inc ($887k), Casa Fortaleza ($887k) and Sick Recovery for 638 ($886k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $78k (7.4% of expenses). Other salaries and wages came to $492k. At year end it held assets of $730k against liabilities of $0, net assets of $730k. It reported 31 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.