Northeast Emergency Medical Services Inc

Analysis

Northeast Emergency Medical Services Inc is a registered charity in United States, based in Amesbury, MA. It received its IRS tax-exemption ruling in March 1981, 45 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 June 2024, Northeast Emergency Medical Services Inc reported income of $324k and spending of $580k, spending 179% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $473k to $324k (-31%), an average of -9.0% a year. The sharpest change came in the year to June 2024, when income dropped by 26%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeast Emergency Medical Services Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within MA. Charities of a similar size with the same main cause include Life Waters ($324k), Manitowoc Symphony Orchestra Association Inc ($324k) and Center for New American Media Inc ($324k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $125k (22% of expenses). Other salaries and wages came to $66k. At year end it held assets of $195k against liabilities of $84k, net assets of $111k. It reported 4 employees.