Point Boro First Aid Squad Inc

Analysis

Point Boro First Aid Squad Inc is a registered charity in United States, based in Bay Head, NJ. It received its IRS tax-exemption ruling in May 2022, 4 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, Point Boro First Aid Squad Inc reported income of $208k and spending of $189k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $242k to $208k (-14%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income dropped by 28%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Point Boro First Aid Squad Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 62nd percentile within NJ. Charities of a similar size with the same main cause include Angels in Disguise Inc ($208k), Autism Trust USA ($208k) and Biomedical Research Institute of Southern California ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $1.8m against liabilities of $85k, net assets of $1.7m.