Howell Township First Aid Squad No 1

Analysis

Howell Township First Aid Squad No 1 is a registered charity in United States, based in Howell, NJ. It received its IRS tax-exemption ruling in February 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 2022, Howell Township First Aid Squad No 1 reported income of $327k and spending of $355k, spending 109% of what it took in. Across the 5 years on record, from December 2018 to December 2022, income grew from $325k to $327k (+0.7%), an average of +0.2% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Howell Township First Aid Squad No 1 sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include Manitou Art Center ($327k), Veterans of Armenia ($327k) and Taproots Inc ($327k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 83% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $53k (15% of expenses). At year end it held assets of $234k against liabilities of $173k, net assets of $61k. It reported 22 employees.