Deep River Ambulance Association Inc

Analysis

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

In the financial year ending February 2024, Deep River Ambulance Association Inc reported income of $920k and spending of $782k, spending 85% of its income. Across the 6 years on record, from February 2019 to February 2024, income grew from $498k to $920k (+85%), an average of +13% a year. The sharpest change came in the year to February 2024, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Deep River Ambulance Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include Quaker Valley Ambulance Authority ($920k), Medical Care for Children Partnership Foundation ($920k) and International Service Organization of Saa Inc ($920k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $121k. At year end it held assets of $1.2m against liabilities of $11k, net assets of $1.2m. It reported 33 employees.