Anson Madison Ambulance Service Inc Main St Anson Me

Analysis

Anson Madison Ambulance Service Inc Main St Anson Me is a registered charity in United States, based in Madison, ME. It received its IRS tax-exemption ruling in April 1994, 32 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 June 2023, Anson Madison Ambulance Service Inc Main St Anson Me reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $965k to $1.2m (+24%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Anson Madison Ambulance Service Inc Main St Anson Me sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within ME. Charities of a similar size with the same main cause include Calhoun County Association of Firefighters Incorporated ($1.2m), Crosby Volunteer Fire Department ($1.2m) and Locke Township Fire Dept ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $100k (9.0% of expenses). Other salaries and wages came to $617k. At year end it held assets of $606k against liabilities of $52k, net assets of $554k. It reported 35 employees.