Holiday City-Berkeley First Aid Squad

Analysis

Holiday City-Berkeley First Aid Squad is a registered charity in United States, based in Toms River, NJ. It received its IRS tax-exemption ruling in March 1978, 48 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 December 2023, Holiday City-Berkeley First Aid Squad reported income of $121k and spending of $143k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $95k to $121k (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 168% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holiday City-Berkeley First Aid Squad sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Home4me Incorporated ($121k), Sarcoma Alliance ($121k) and Foundation for the Council on Alcohol and Drug Abuse-Houston Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. It paid $6,463 in professional fundraising fees. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.

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.