Stone Harbor Rescue Squad Inc

Analysis

Stone Harbor Rescue Squad Inc is a registered charity in United States, based in Stone Harbor, NJ. It received its IRS tax-exemption ruling in May 1979, 47 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 February 2023, Stone Harbor Rescue Squad Inc reported income of $136k and spending of $159k, spending 116% of what it took in. Across the 3 years on record, from February 2021 to February 2023, income fell from $216k to $136k (-37%), an average of -21% a year. The sharpest change came in the year to February 2022, when income dropped by 41%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stone Harbor Rescue Squad Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Virginia Elks Youth Camp Inc ($136k), Camp Fire ($136k) and American Model United Nations ($136k).

On its Form 990-EZ for the period ending February 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $98k against liabilities of $359, net assets of $97k.