Rockaway Neck First Aid Squad

Analysis

Rockaway Neck First Aid Squad is a registered charity in United States, based in Lake Hiawatha, NJ. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rockaway Neck First Aid Squad reported income of $124k and spending of $128k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $116k to $124k (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rockaway Neck First Aid Squad sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include The Arc of the Gulf Coast ($124k), Vital Cares Foundation Inc ($124k) and Maryland Psychological Association Foundation Inc ($124k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. At year end it held assets of $168k against liabilities of $5,949, net assets of $162k.

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.