Moosabec Ambulance Service

Analysis

Moosabec Ambulance Service is a registered charity in United States, based in Jonesport, ME. It received its IRS tax-exemption ruling in April 2002, 24 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Moosabec Ambulance Service reported income of $258k and spending of $203k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $160k to $258k (+61%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Moosabec Ambulance Service sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 53rd percentile within ME. Charities of a similar size with the same main cause include Lifesworc Foundation ($258k), Three Forks Area Ambulance Service ($258k) and McGrorty Foundation Inc ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $132k (65% of expenses). At year end it held assets of $392k against liabilities of $0, net assets of $392k. It reported 19 employees.