Boothbay Region Ambulance Service

Analysis

Boothbay Region Ambulance Service is a registered charity in United States, based in Boothbay, ME. It received its IRS tax-exemption ruling in December 1976, 50 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 June 2023, Boothbay Region Ambulance Service reported income of $2.1m and spending of $1.7m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.1m (+73%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boothbay Region Ambulance Service 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 85th percentile within ME. Charities of a similar size with the same main cause include Recovery Point West Virginia Behavioral Health Inc ($2.1m), Alabama Free Clinic Inc ($2.1m) and SPD Jeanne Jugan Residence-Ca ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $113k (6.6% of expenses). Other salaries and wages came to $889k. At year end it held assets of $3.5m against liabilities of $153k, net assets of $3.3m. It reported 56 employees.