Bloomfield Emergency Medical Services Inc

Analysis

Bloomfield Emergency Medical Services Inc is a registered charity in United States, based in Bloomfield, NJ. It received its IRS tax-exemption ruling in March 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Bloomfield Emergency Medical Services Inc reported income of $849k and spending of $881k, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $775k to $849k (+9.6%), an average of +2.3% a year. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bloomfield Emergency Medical Services Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Foundation for Children with Neuroimmune Disorders Inc ($849k), Carenet Pregnancy Center of Southern Maryland Inc ($849k) and New Restoration Ministries Inc ($849k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $524k (59% of expenses). At year end it held assets of $803k against liabilities of $0, net assets of $803k. It reported 21 employees.

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.