Peninsula Ambulance Corps

Analysis

Peninsula Ambulance Corps is a registered charity in United States, based in Blue Hill, ME. It received its IRS tax-exemption ruling in July 1968, 58 years ago. 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, Peninsula Ambulance Corps reported income of $1.4m and spending of $1.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $940k to $1.4m (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peninsula Ambulance Corps sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ME. Charities of a similar size with the same main cause include Catholic Charities Health Care Center Inc ($1.4m), Cheyenne Mountain Charter Academy Foundation ($1.4m) and Lorain County Office on Aging Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $785k. At year end it held assets of $1.1m against liabilities of $62k, net assets of $1.0m. It reported 20 employees.