Peapack-Gladstone First Aid & Rescue Squad

Analysis

Peapack-Gladstone First Aid & Rescue Squad is a registered charity in United States, based in Peapack, NJ. It received its IRS tax-exemption ruling in May 1953, 73 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, Peapack-Gladstone First Aid & Rescue Squad reported income of $163k and spending of $172k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $163k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2021, when income rose by 222%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peapack-Gladstone First Aid & Rescue Squad sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Detroit International Research and Education Foundation ($163k), Ohio Public Health Partnership ($163k) and Holos Institute ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 1.1% of the total. At year end it held assets of $981k against liabilities of $1,201, net assets of $980k.