Spring Lake First Aid and Emergency Squad

Analysis

Spring Lake First Aid and Emergency Squad is a registered charity in United States, based in Spring Lake, NJ. It received its IRS tax-exemption ruling in March 1947, 79 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 2023, Spring Lake First Aid and Emergency Squad reported income of $171k and spending of $118k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $133k to $171k (+28%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 76% 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, Spring Lake First Aid and Emergency Squad sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Charles County Volunteer Firemens Association Inc ($171k), Monterey Firefighter Community Foundation ($171k) and New Egypt Volunteer Fire Company ($171k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.