Stafford Ambulance Association Inc

Analysis

Stafford Ambulance Association Inc is a registered charity in United States, based in Stafford SPGS, CT. It received its IRS tax-exemption ruling in October 1990, 36 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 June 2023, Stafford Ambulance Association Inc reported income of $488k and spending of $678k, spending 139% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $455k to $488k (+7.4%), an average of +2.4% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Stafford Ambulance Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CT. Charities of a similar size with the same main cause include Forever Young Incorporated ($488k), New Horizons Living Center Inc ($488k) and Jackson Family Foundation ($488k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $375k. At year end it held assets of $132k against liabilities of $303k, net assets of -$171k. It reported 6 employees.