Teaneck Volunteer Ambulance Corps

Analysis

Teaneck Volunteer Ambulance Corps is a registered charity in United States, based in Teaneck, NJ. It received its IRS tax-exemption ruling in June 1979, 47 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, Teaneck Volunteer Ambulance Corps reported income of $1.1m and spending of $925k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $264k to $1.1m (+322%), an average of +43% a year. The sharpest change came in the year to December 2020, when income rose by 192%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teaneck Volunteer Ambulance Corps sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include Pathways Adult Education & Training Inc ($1.1m), Ucom-Urbanserv Inc ($1.1m) and Little Galilee Christian Assembly ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $834k against liabilities of $620, net assets of $834k.