Iselin First Aid Squad Inc

Analysis

Iselin First Aid Squad Inc is a registered charity in United States, based in Iselin, NJ. It received its IRS tax-exemption ruling in November 1972, 54 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, Iselin First Aid Squad Inc reported income of $71k and spending of $76k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $35k to $71k (+103%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Iselin First Aid Squad Inc 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 Vernon Township Ambulance Squad ($71k), Faith Hope & Love Inc ($71k) and CRCDD Housing Company Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $71k against liabilities of $70k, net assets of $970.

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.