Lower Cape Ambulance Assoc

Analysis

Lower Cape Ambulance Assoc is a registered charity in United States, based in Provincetown, MA. It received its IRS tax-exemption ruling in February 2005, 21 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 June 2023, Lower Cape Ambulance Assoc reported income of $2.9m and spending of $3.9m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $2.9m (+25%), an average of +5.7% a year. 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, Lower Cape Ambulance Assoc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within MA. Charities of a similar size with the same main cause include Citiesrise Inc ($2.9m), Spring River Paramedic Ambulance Service Inc ($2.9m) and Milan Puskar Health Right Inc ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $72k (1.8% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $761k against liabilities of $18k, net assets of $744k. It reported 32 employees.