Mendham Township First Aid Squad Inc

Analysis

Mendham Township First Aid Squad Inc is a registered charity in United States, based in Brookside, NJ. It received its IRS tax-exemption ruling in September 1968, 58 years ago. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mendham Township First Aid Squad Inc reported income of $99k and spending of $78k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $67k to $99k (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mendham Township First Aid Squad Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 44th percentile within NJ. Charities of a similar size with the same main cause include Arts & Design Society of Fort Walton Beach Inc ($99k), Hartnell Little League ($99k) and East Hamblen County Volunteer Fire Department ($99k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 0.8% of the total. At year end it held assets of $711k against liabilities of $0, net assets of $711k.