Lakehurst First Aid Squad

Analysis

Lakehurst First Aid Squad is a registered charity in United States, based in Lakehurst, NJ. It received its IRS tax-exemption ruling in November 1966, 60 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lakehurst First Aid Squad reported income of $54k and spending of $29k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $29k to $54k (+83%), an average of +84% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakehurst First Aid Squad sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include PTA Florida Congress ($54k), Pease Greeters Fund Inc ($54k) and Friends of the Way Incorporated ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 52% of the total. At year end it held assets of $305k against liabilities of $0, net assets of $305k.