Bloomfield Volunteer Ambulance Fund Inc

Analysis

Bloomfield Volunteer Ambulance Fund Inc is a registered charity in United States, based in Bloomfield, CT. It received its IRS tax-exemption ruling in April 1977, 49 years ago. 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 December 2023, Bloomfield Volunteer Ambulance Fund Inc reported income of $87k and spending of $20k, leaving 77% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $87k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 31% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bloomfield Volunteer Ambulance Fund Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include Activities Council of Thomson Inc ($87k), LA Madre de Los Pobres ($87k) and The Baltimore Watercolor Society Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $314k against liabilities of $0, net assets of $314k.