Long Valley First Aid Squad Inc

Analysis

Long Valley First Aid Squad Inc is a registered charity in United States, based in Long Valley, NJ. It received its IRS tax-exemption ruling in September 1987, 39 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 February 2024, Long Valley First Aid Squad Inc reported income of $221k and spending of $241k, spending 109% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income grew from $170k to $221k (+30%), an average of +6.8% a year. The sharpest change came in the year to February 2021, when income rose by 46%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Long Valley First Aid Squad Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include National Institute for Public Employee Health Care Policy ($221k), Lifeblood Health Foundation ($221k) and Umbrella Ministries ($221k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 95% of the total. At year end it held assets of $799k against liabilities of $3,497, net assets of $795k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.