Millburn-Short Hills Volunteer First Aid Squad Inc

Analysis

Millburn-Short Hills Volunteer First Aid Squad Inc is a registered charity in United States, based in Millburn, NJ. It received its IRS tax-exemption ruling in April 1959, 67 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Millburn-Short Hills Volunteer First Aid Squad Inc reported income of $2.4m and spending of $231k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $2.4m (+999%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 936%. Over the whole period it spent 34% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Millburn-Short Hills Volunteer First Aid Squad Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Kennebec Valley Family Dentistry ($2.4m), Fairfield Ambulance Service Inc ($2.4m) and Redington Memorial Hospital Association ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $3.2m against liabilities of $16k, net assets of $3.2m.