Hatzalah Emergency Medical Services of the Jersey Shore Inc

Analysis

Hatzalah Emergency Medical Services of the Jersey Shore Inc is a registered charity in United States, based in Elberon, NJ. It received its IRS tax-exemption ruling in March 2004, 22 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, Hatzalah Emergency Medical Services of the Jersey Shore Inc reported income of $2.1m and spending of $1.1m, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $700k to $2.1m (+197%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hatzalah Emergency Medical Services of the Jersey Shore Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within NJ. Charities of a similar size with the same main cause include Lost and Found Association ($2.1m), Lha Foundation ($2.1m) and New Jersey Harm Reduction Coalition - a NJ Nonprofit Corporation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $132k (12% of expenses). Other salaries and wages came to $26k. At year end it held assets of $5.2m against liabilities of $0, net assets of $5.2m. It reported 2 employees.