Milford Holland Rescue Squad Inc

Analysis

Milford Holland Rescue Squad Inc is a registered charity in United States, based in Milford, NJ. It received its IRS tax-exemption ruling in December 1982, 44 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, Milford Holland Rescue Squad Inc reported income of $500k and spending of $578k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $522k to $500k (-4.1%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Milford Holland Rescue Squad Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within NJ. Charities of a similar size with the same main cause include United Community Properties Inc ($500k), Millstadt Ambulance Service ($501k) and Life Options ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $352k (61% of expenses). At year end it held assets of $133k against liabilities of $0, net assets of $133k. It reported 5 employees.