Upper Kennebec Valley Ambulance Service

Analysis

Upper Kennebec Valley Ambulance Service is a registered charity in United States, based in Bingham, ME. It received its IRS tax-exemption ruling in September 2015, 11 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, Upper Kennebec Valley Ambulance Service reported income of $777k and spending of $661k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $777k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upper Kennebec Valley Ambulance Service sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 73rd percentile within ME. Charities of a similar size with the same main cause include Healing Native Hearts Coalition ($777k), Lower Saucon Fire Rescue ($777k) and Four Corners Rainbow Youth Center ($777k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $21k (3.2% of expenses). Other salaries and wages came to $501k. At year end it held assets of $547k against liabilities of $33k, net assets of $514k. It reported 23 employees.