Rumson First-Aid Squad

Analysis

Rumson First-Aid Squad is a registered charity in United States, based in Rumson, NJ. It received its IRS tax-exemption ruling in October 1951, 75 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rumson First-Aid Squad reported income of $80k and spending of $147k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $86k to $80k (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rumson First-Aid Squad sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within NJ. Charities of a similar size with the same main cause include Forest Grove Swim Club Inc ($80k), Vestal Youth Football League Inc ($80k) and Operation Turbo Inc ($80k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $598k against liabilities of $0, net assets of $598k.