Glastonbury Volunteer Ambulance Association Inc

Analysis

Glastonbury Volunteer Ambulance Association Inc is a registered charity in United States, based in Glastonbury, CT. It received its IRS tax-exemption ruling in June 1980, 46 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 June 2024, Glastonbury Volunteer Ambulance Association Inc reported income of $1.6m and spending of $1.5m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.3m to $1.6m (+27%), an average of +6.2% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glastonbury Volunteer Ambulance Association Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within CT. Charities of a similar size with the same main cause include Interfaith Refugee Ministry Inc ($1.6m), Park Slope Child Care Collective ($1.6m) and Salem Research Institute Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.8% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $16k (1.1% of expenses). Other salaries and wages came to $667k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 34 employees.