Lavallette Volunteer First Squad

Analysis

Lavallette Volunteer First Squad is a registered charity in United States, based in Lavallette, NJ. It received its IRS tax-exemption ruling in March 2007, 19 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, Lavallette Volunteer First Squad reported income of $109k and spending of $96k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $109k (+7.4%), an average of +7.4% a year. Over the whole period it spent 85% 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, Lavallette Volunteer First Squad sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include Tennessee Kentucky Wildland Fire Academy ($109k), East Golden Pond Volunteer Fire Department Inc ($109k) and Papa Johns Disaster Relief Fund Inc ($109k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $514k against liabilities of $0, net assets of $514k.