Killingworth Ambulance Association Inc

Analysis

Killingworth Ambulance Association Inc is a registered charity in United States, based in Killingworth, CT. It received its IRS tax-exemption ruling in November 1976, 50 years ago. 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, Killingworth Ambulance Association Inc reported income of $284k and spending of $199k, leaving 30% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $142k to $284k (+100%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Killingworth Ambulance Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Washington State Council of Fire Fighters Burn Foundation ($284k), Lucha Inc ($284k) and Trout Unlimited ($284k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $32k (16% of expenses). Other salaries and wages came to $12k. At year end it held assets of $843k against liabilities of $0, net assets of $843k. It reported 14 employees.