Lanoka Harbor Emergency Medical Services Inc

Analysis

Lanoka Harbor Emergency Medical Services Inc is a registered charity in United States, based in Lanoka Harbor, NJ. It received its IRS tax-exemption ruling in December 1998, 28 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, Lanoka Harbor Emergency Medical Services Inc reported income of $474k and spending of $485k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $187k to $474k (+153%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 99%. Over the whole period it spent 109% 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, Lanoka Harbor Emergency Medical Services Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Bike Walk Wichita Inc ($474k), Richlands Volunteer Fire Department Inc ($474k) and Ronda Community Vol Fire Dept Inc ($474k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 74% of the total. Other salaries and wages came to $192k. At year end it held assets of $68k against liabilities of $5,524, net assets of $63k. It reported 27 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.