East Hanover First Aid Squad

Analysis

East Hanover First Aid Squad is a registered charity in United States, based in East Hanover, NJ. It received its IRS tax-exemption ruling in July 1974, 52 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 December 2023, East Hanover First Aid Squad reported income of $107k and spending of $93k, spending 87% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $90k to $107k (+19%), an average of +6.0% a year. The sharpest change came in the year to December 2022, when income rose by 125%. Over the whole period it spent 129% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, East Hanover First Aid Squad sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Whole Person Foundation ($107k), Pompton Lakes First Aid Squad Inc ($107k) and Afg Convention ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $549k against liabilities of $94k, net assets of $455k.