Leonardo First Aid Squad Inc

Analysis

Leonardo First Aid Squad Inc is a registered charity in United States, based in Leonardo, NJ. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 2021, Leonardo First Aid Squad Inc reported income of $84k and spending of $125k, spending 149% of what it took in. Across the 2 years on record, from December 2020 to December 2021, income grew from $69k to $84k (+22%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 131% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Leonardo First Aid Squad Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Tarpley Volunteer Fire Dept ($84k), Summerhill TWP Volunteer Fire Co ($84k) and Amateur Radio Safety Foundation Inc ($84k).

On its Form 990-EZ for the period ending December 2021, revenue came from contributions and grants 40% and program service revenue 59% of the total. At year end it held assets of $242k against liabilities of $85k, net assets of $157k.