Tuxedo Volunteer Ambulance Corps Inc

Analysis

Tuxedo Volunteer Ambulance Corps Inc is a registered charity in United States, based in Tuxedo, NY. It received its IRS tax-exemption ruling in March 2023, 3 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 December 2023, Tuxedo Volunteer Ambulance Corps Inc reported income of $102k and spending of $172k, spending 169% of what it took in. Across the 6 years on record, from December 2017 to December 2023, income fell from $165k to $102k (-38%), an average of -9.2% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tuxedo Volunteer Ambulance Corps Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Alpha Aid ($102k), Group B Strep International ($102k) and Jefferson Alcoholic Foundation Inc ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $151k against liabilities of $108k, net assets of $43k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.