Lodi Volunteer Ambulance Rescue Squad Inc

Analysis

Lodi Volunteer Ambulance Rescue Squad Inc is a registered charity in United States, based in Lodi, NJ. It received its IRS tax-exemption ruling in March 2007, 19 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, Lodi Volunteer Ambulance Rescue Squad Inc reported income of $449k and spending of $662k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $590k to $449k (-24%), an average of -6.6% a year. Over the whole period it spent 137% 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, Lodi Volunteer Ambulance Rescue Squad Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Winchell Volunteer Fire Department ($449k), Glencoe Volunteer Fire Protection District Inc ($450k) and Wilderness Volunteer Fire Department Inc ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.7% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $6,000 (0.9% of expenses). At year end it held assets of $312k against liabilities of $4,758, net assets of $307k. It reported 17 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.