McGregor Memorial Ambulance Inc
Analysis
McGregor Memorial Ambulance Inc is a registered charity in United States, based in Durham, NH. It received its IRS tax-exemption ruling in September 2011, 15 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, McGregor Memorial Ambulance Inc reported income of $1.8m and spending of $1.6m, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.1m to $1.8m (+60%), an average of +9.9% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 99% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McGregor Memorial Ambulance Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NH. Charities of a similar size with the same main cause include Mental Health Foundation ($1.8m), Billy T Cattan Recovery Outreach Inc ($1.8m) and Peripheral Nerve Society ($1.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $95k (6.0% of expenses). Other salaries and wages came to $638k. At year end it held assets of $1.6m against liabilities of $236k, net assets of $1.3m. It reported 50 employees.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 89%
- Other 0.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Mental Health Foundation | Vancouver | $1.8m |
| Billy T Cattan Recovery Outreach Inc | Victoria | $1.8m |
| Peripheral Nerve Society | Roseville | $1.8m |
| Magnolia Womens Recovery Program Inc | Oakland | $1.8m |