South Orange Rescue Squad Inc

Analysis

South Orange Rescue Squad Inc is a registered charity in United States, based in South Orange, NJ. It received its IRS tax-exemption ruling in October 2015, 11 years ago. 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, South Orange Rescue Squad Inc reported income of $264k and spending of $307k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $149k to $264k (+78%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Orange Rescue Squad Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 66th percentile within NJ. Charities of a similar size with the same main cause include Margaret L Miller Trust ($264k), Safe Harbour Domestic Violence Shelter Inc ($264k) and Naiop San Diego Foundation ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.7m against liabilities of $5,668, net assets of $1.7m.

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.