Tri-Boro First Aid Squad Inc

Analysis

Tri-Boro First Aid Squad Inc is a registered charity in United States, based in Seaside Park, NJ. It received its IRS tax-exemption ruling in January 1973, 53 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, Tri-Boro First Aid Squad Inc reported income of $575k and spending of $773k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $782k to $575k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income dropped by 44%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tri-Boro First Aid Squad Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Sih Foundation NFP ($575k), Iowa Wave Shirt ($575k) and Journey to Recovery Community Center ($575k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $56k (7.2% of expenses). Other salaries and wages came to $392k. At year end it held assets of $430k against liabilities of $274k, net assets of $155k. It reported 34 employees.