Holmdel First Aid Squad Inc

Analysis

Holmdel First Aid Squad Inc is a registered charity in United States, based in Holmdel, NJ. It received its IRS tax-exemption ruling in September 1970, 56 years ago. 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, Holmdel First Aid Squad Inc reported income of $221k and spending of $157k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $264k to $221k (-16%), an average of -8.4% a year. The sharpest change came in the year to December 2022, when income dropped by 24%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holmdel First Aid Squad Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include Scottsville Free Library ($221k), Paine Memorial Free Library ($221k) and PTA Texas Congress ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.