Newtown Volunteer Ambulance Association Inc

Analysis

Newtown Volunteer Ambulance Association Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in April 1974, 52 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 September 2024, Newtown Volunteer Ambulance Association Inc reported income of $1.5m and spending of $1.2m, spending 81% of its income. Across the 6 years on record, from September 2019 to September 2024, income fell from $1.5m to $1.5m (-0.9%), an average of -0.2% a year. The sharpest change came in the year to September 2022, when income rose by 21%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newtown Volunteer Ambulance Association 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 83rd percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include McA Revere Realty Inc ($1.5m), Columbus Regional Diagnostics ($1.5m) and Lone Tree Senior Living ($1.5m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 5.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $17k (1.4% of expenses). Other salaries and wages came to $32k. At year end it held assets of $6.7m against liabilities of $31k, net assets of $6.7m. It reported 2 employees.