Hightstown First Aid Squad Inc

Analysis

Hightstown First Aid Squad Inc is a registered charity in United States, based in Hightstown, NJ. It received its IRS tax-exemption ruling in July 1986, 40 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, Hightstown First Aid Squad Inc reported income of $68k and spending of $75k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $68k (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 144% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hightstown First Aid Squad Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 34th percentile within NJ. Charities of a similar size with the same main cause include Comprehensive Risk Reduction Foundation ($67k), Young and Brave Inc ($68k) and St Anthony for Differently Abled Kids ($67k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $369k against liabilities of $0, net assets of $369k.

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.