Toms River First Aid Squad Inc

Analysis

Toms River First Aid Squad Inc is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in October 1999, 27 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, Toms River First Aid Squad Inc reported income of $136k and spending of $152k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $121k to $136k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 178%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Toms River First Aid Squad Inc sits at the 34th percentile: it is larger than about 34% 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 Interfaith AIDS Ministry of Greater Danbury Inc ($136k), Overlook Auxiliary ($136k) and Project Share V Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $77k against liabilities of $4,499, net assets of $72k.

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.