Cedar Grove Ambulance and Rescue Squad Inc

Analysis

Cedar Grove Ambulance and Rescue Squad Inc is a registered charity in United States, based in Cedar Grove, NJ. It received its IRS tax-exemption ruling in April 1985, 41 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 December 2023, Cedar Grove Ambulance and Rescue Squad Inc reported income of $167k and spending of $168k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $418k to $167k (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cedar Grove Ambulance and Rescue Squad Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 57th percentile within NJ. Charities of a similar size with the same main cause include Isleboro Pre School ($167k), National Association of Seventh Day Adventist Dentists ($167k) and Stafford Boys Club Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.2m against liabilities of $0, net assets of $2.2m.