West Milford Township First Aid Squad

Analysis

West Milford Township First Aid Squad is a registered charity in United States, based in West Milford, NJ. It received its IRS tax-exemption ruling in September 1971, 55 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, West Milford Township First Aid Squad reported income of $174k and spending of $142k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $174k (-6.5%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, West Milford Township First Aid Squad sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Employees Community Action Council ($174k), George W Trimble Hospital Fund ($174k) and Haines Senior Citizens Center Inc ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $410 (0.3% of expenses). At year end it held assets of $615k against liabilities of $16k, net assets of $599k.