Princeton First Aid and Rescue Squad Inc

Analysis

Princeton First Aid and Rescue Squad Inc is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in September 1962, 64 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Princeton First Aid and Rescue Squad Inc reported income of $2.3m and spending of $2.4m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $2.3m (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 49%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Princeton First Aid and Rescue Squad Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NJ. Charities of a similar size with the same main cause include Patients for Affordable Drugs ($2.3m), American Religious Town Hall Meeting Incorporated ($2.3m) and Mainstay Supportive Housing & Home Care ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $206k (8.7% of expenses). Other salaries and wages came to $691k. At year end it held assets of $14.6m against liabilities of $840k, net assets of $13.8m. It reported 25 employees.