Litchfield Ambulance Association Inc

Analysis

Litchfield Ambulance Association Inc is a registered charity in United States, based in Litchfield, CT. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2024, Litchfield Ambulance Association Inc reported income of $954k and spending of $711k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $502k to $954k (+90%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 64%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Litchfield Ambulance Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CT. Charities of a similar size with the same main cause include The Shepherds Center of Greater Winston-Salem Inc ($954k), Panhandle Library Access Network Inc ($954k) and National Assistance League ($954k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.3% and program service revenue 89% of the total. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.