Hackensack Volunteer Ambulance Corps Inc

Analysis

Hackensack Volunteer Ambulance Corps Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in September 1997, 29 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, Hackensack Volunteer Ambulance Corps Inc reported income of $379k and spending of $381k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $485k to $379k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 121% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hackensack Volunteer Ambulance Corps Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Meat Fight Inc ($379k), BCS Foundation ($379k) and CBHS Inc ($379k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Other salaries and wages came to $157k. At year end it held assets of $226k against liabilities of $3,953, net assets of $222k. It reported 18 employees.

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.