Charlestown Ambulance & Rescue Service Inc

Analysis

Charlestown Ambulance & Rescue Service Inc is a registered charity in United States, based in Charlestown, RI. It received its IRS tax-exemption ruling in September 1988, 38 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 June 2023, Charlestown Ambulance & Rescue Service Inc reported income of $1.3m and spending of $1.0m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $674k to $1.3m (+100%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 62%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Charlestown Ambulance & Rescue Service Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within RI. Charities of a similar size with the same main cause include Rehabilitation International ($1.3m), Pregnancy Resources and Medical Clinic of North Texas Inc ($1.3m) and Provention Health Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% and program service revenue 40% of the total. Compensation of current officers, directors and key employees was $16k (1.5% of expenses). Other salaries and wages came to $368k. At year end it held assets of $1.1m against liabilities of $412k, net assets of $711k. It reported 20 employees.