Pennington First Aid Squad Inc

Analysis

Pennington First Aid Squad Inc is a registered charity in United States, based in Pennington, NJ. It received its IRS tax-exemption ruling in August 1968, 58 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, Pennington First Aid Squad Inc reported income of $63k and spending of $1.2m, spending 1828% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $63k (-72%), an average of -28% a year. The sharpest change came in the year to December 2022, when income rose by 269%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pennington First Aid Squad Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($63k), Roswell-Alpharetta Seniors Enriched Living Inc ($63k) and Friends of Graded Foundation ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $41k. At year end it held assets of $792k against liabilities of $0, net assets of $792k. It reported 8 employees.