First Aid Squad Avenel & Colonia

Analysis

First Aid Squad Avenel & Colonia is a registered charity in United States, based in Avenel, NJ. It received its IRS tax-exemption ruling in December 1967, 59 years ago. 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, First Aid Squad Avenel & Colonia reported income of $1.7m and spending of $1.5m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $295k to $1.7m (+486%), an average of +56% a year. The sharpest change came in the year to December 2020, when income rose by 224%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, First Aid Squad Avenel & Colonia sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Envisioning Access Inc ($1.7m), Bhaktivedanta Book Publishing Inc ($1.7m) and Thrive Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $72k (4.7% of expenses). Other salaries and wages came to $512k. At year end it held assets of $987k against liabilities of $121k, net assets of $866k. It reported 32 employees.