Belvidere Ambulance Corps

Analysis

Belvidere Ambulance Corps is a registered charity in United States, based in Belvidere, NJ. It received its IRS tax-exemption ruling in April 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, Belvidere Ambulance Corps reported income of $136k and spending of $142k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $271k to $136k (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Belvidere Ambulance Corps sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 53rd percentile within NJ. Charities of a similar size with the same main cause include Livingston Youth Soccer Association Inc ($136k), Alcoholics Anonymous Twenty-Third District Central Steering Committe ($136k) and Foothills Gateway Rehabilitation Center Charitable Foundation Trust ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $637k against liabilities of $132k, net assets of $505k.

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.