Southcoast Health Ambassadors Inc

Analysis

Southcoast Health Ambassadors Inc is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Southcoast Health Ambassadors Inc reported income of $56k and spending of $186k, spending 333% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $285k to $56k (-80%), an average of -34% a year. The sharpest change came in the year to September 2022, when income dropped by 52%. Over the whole period it spent 124% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southcoast Health Ambassadors Inc sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Border AIDS Partnership ($56k), Variety-The Childrens Charity of Georgia Inc ($56k) and Middle Finger to Cancer Inc ($56k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $296k against liabilities of $296k, net assets of $0.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.