Wayne Township Memorial First Aid Squad Inc

Analysis

Wayne Township Memorial First Aid Squad Inc is a registered charity in United States, based in Wayne, NJ. It received its IRS tax-exemption ruling in August 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, Wayne Township Memorial First Aid Squad Inc reported income of $345k and spending of $333k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $470k to $345k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wayne Township Memorial First Aid Squad Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Dewitt Medical Foundation ($345k), Metco Directors Association ($345k) and Equi-Kids Therapeutic Riding Program ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $1.8m against liabilities of $24k, net assets of $1.8m.