Freehold First Aid & Emergency Squad Inc

Analysis

Freehold First Aid & Emergency Squad Inc is a registered charity in United States, based in Freehold, NJ. It received its IRS tax-exemption ruling in August 1993, 33 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, Freehold First Aid & Emergency Squad Inc reported income of $1.9m and spending of $1.5m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $742k to $1.9m (+155%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 63%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Freehold First Aid & Emergency Squad Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Restoring Our Own Through Transformation ($1.9m), Saint Youstina ($1.9m) and Spencer Regional Healthcare Foundation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $511k. At year end it held assets of $2.7m against liabilities of $376k, net assets of $2.3m.