River Edge Volunteer Ambulance Service Inc

Analysis

River Edge Volunteer Ambulance Service Inc is a registered charity in United States, based in River Edge, NJ. It received its IRS tax-exemption ruling in October 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 2022, River Edge Volunteer Ambulance Service Inc reported income of $78k and spending of $69k, spending 89% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $56k to $78k (+39%), an average of +39% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, River Edge Volunteer Ambulance Service Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Santa Clarita Valley Scholarship Foundation Inc ($78k), R J Taylor Jr Foundation Trust 09374 Trust Co of Georgia Ttee ($78k) and Mission of the Masters Inc ($78k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 45% of the total. At year end it held assets of $381k against liabilities of $0, net assets of $381k.