East Haddam Ambulance Association Inc

Analysis

East Haddam Ambulance Association Inc is a registered charity in United States, based in Moodus, CT. It received its IRS tax-exemption ruling in March 1977, 49 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, East Haddam Ambulance Association Inc reported income of $381k and spending of $525k, spending 138% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $247k to $381k (+54%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, East Haddam Ambulance Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 63rd percentile within CT. Charities of a similar size with the same main cause include Columbus Wellness Center Outreach & Prevention Project Inc ($381k), California Trauma Research Foundation ($382k) and A Pregnancy Resource Center of Ne Colorado ($381k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Other salaries and wages came to $116k. At year end it held assets of $238k against liabilities of $43k, net assets of $194k. It reported 19 employees.

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.