Vernon Township Ambulance Squad

Analysis

Vernon Township Ambulance Squad is a registered charity in United States, based in Vernon, NJ. It received its IRS tax-exemption ruling in June 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vernon Township Ambulance Squad reported income of $71k and spending of $75k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $75k to $71k (-5.8%), an average of -5.8% a year. Over the whole period it spent 122% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Vernon Township Ambulance Squad sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include CRCDD Housing Company Inc ($71k), Iselin First Aid Squad Inc ($71k) and American Legion Boys State of Kansas ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $338k against liabilities of $0, net assets of $338k.