Upper Valley Ambulance Inc

Analysis

Upper Valley Ambulance Inc is a registered charity in United States, based in Fairlee, VT. It received its IRS tax-exemption ruling in July 1994, 32 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 Valley Ambulance Inc reported income of $1.6m and spending of $1.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+21%), an average of +5.0% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Upper Valley Ambulance Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within VT. Charities of a similar size with the same main cause include Spencer Rescue & Emergency Squad Inc 44 Maple St ($1.6m), St Lukes Family Medical Group a Flexible Purpose Corp ($1.6m) and Foundation for Urban Health and Well Being ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $81k (5.0% of expenses). Other salaries and wages came to $887k. At year end it held assets of $1.1m against liabilities of $61k, net assets of $1.0m. It reported 46 employees.