Phillipsburg Emergency Squad Inc

Analysis

Phillipsburg Emergency Squad Inc is a registered charity in United States, based in Phillipsburg, NJ. It received its IRS tax-exemption ruling in February 1984, 42 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, Phillipsburg Emergency Squad Inc reported income of $1.5m and spending of $1.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $853k to $1.5m (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Phillipsburg Emergency Squad Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within NJ. Charities of a similar size with the same main cause include The Opportunity Center Inc ($1.5m), Robertson Enterprises Inc ($1.5m) and Pro Bono Project Silicon Valley ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 83% of the total. Other salaries and wages came to $680k. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m. It reported 34 employees.