Oxford Ambulance Association Inc

Analysis

Oxford Ambulance Association Inc is a registered charity in United States, based in Oxford, CT. It received its IRS tax-exemption ruling in October 1965, 61 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 April 2023, Oxford Ambulance Association Inc reported income of $738k and spending of $675k, spending 91% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $626k to $738k (+18%), an average of +4.2% a year. The sharpest change came in the year to April 2022, when income dropped by 20%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oxford Ambulance Association Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CT. Charities of a similar size with the same main cause include Marshalltown Ymca-Ywca ($738k), Atlanta Fire Rescue Foundation Inc ($738k) and McAdoo Fire Company Ambulance Association Inc ($738k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 7.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $117k (17% of expenses). Other salaries and wages came to $269k. At year end it held assets of $638k against liabilities of $19k, net assets of $619k. It reported 37 employees.