Silverton First Aid Squad Inc

Analysis

Silverton First Aid Squad Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in January 1985, 41 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, Silverton First Aid Squad Inc reported income of $834k and spending of $976k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $834k (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 102% 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, Silverton First Aid Squad Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within NJ. Charities of a similar size with the same main cause include Empire Friendship Firefighters Association ($834k), Middleway Volunteer Fire Company Inc ($835k) and Monroeville Fire Co 6 ($833k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 95% of the total. Other salaries and wages came to $538k. At year end it held assets of $1.4m against liabilities of $305k, net assets of $1.1m. It reported 39 employees.