Borough of Totowa First Aid Squad

Analysis

Borough of Totowa First Aid Squad is a registered charity in United States, based in Totowa, NJ. It received its IRS tax-exemption ruling in April 1980, 46 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, Borough of Totowa First Aid Squad reported income of $104k and spending of $81k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $104k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 70% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Borough of Totowa First Aid Squad sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 46th percentile within NJ. Charities of a similar size with the same main cause include Alliance for Pharmaceutical Access Incorporated ($104k), Bullard Mission House and Mission Clinic ($104k) and Bosom Buddies Benefit Organization ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $347k against liabilities of $0, net assets of $347k.