Putnam Valley Volunteer Ambulance Corp Inc

Analysis

Putnam Valley Volunteer Ambulance Corp Inc is a registered charity in United States, based in Putnam Valley, NY. It received its IRS tax-exemption ruling in April 1993, 33 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, Putnam Valley Volunteer Ambulance Corp Inc reported income of $581k and spending of $421k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $438k to $581k (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Putnam Valley Volunteer Ambulance Corp Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include Candlelighters of Brevard Inc ($581k), Erath County United Way ($581k) and Preschool Experience Inc ($581k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 38% of the total. At year end it held assets of $2.4m against liabilities of $4,063, net assets of $2.4m.