Morgan First Aid Squad Inc

Analysis

Morgan First Aid Squad Inc is a registered charity in United States, based in South Amboy, NJ. It received its IRS tax-exemption ruling in September 1976, 50 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, Morgan First Aid Squad Inc reported income of $54k and spending of $25k, leaving 54% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income fell from $65k to $54k (-17%), an average of -6.1% a year. The sharpest change came in the year to December 2021, when income dropped by 18%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morgan First Aid Squad Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 28th percentile within NJ. Charities of a similar size with the same main cause include PTA New York Congress ($54k), Graham Concert Association Inc ($54k) and San Diego Imperial Co Area Assembly of the General Serv Conf of a a ($54k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $3,881 in professional fundraising fees. At year end it held assets of $513k against liabilities of $0, net assets of $513k.