Lakeland Emergency Squad

Analysis

Lakeland Emergency Squad is a registered charity in United States, based in Andover, NJ. It received its IRS tax-exemption ruling in June 1967, 59 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, Lakeland Emergency Squad reported income of $370k and spending of $390k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $498k to $370k (-26%), an average of -7.2% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lakeland Emergency Squad sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 71st percentile within NJ. Charities of a similar size with the same main cause include Society for Perioperative Assessment and Quality Improvement ($370k), Northern Area Health Education Center Inc ($370k) and Serenity Counseling and Psychological Services ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Other salaries and wages came to $150k. At year end it held assets of $1.1m against liabilities of $63k, net assets of $1.1m. It reported 10 employees.