Wethersfield Volunteer Ambulance Assn Inc

Analysis

Wethersfield Volunteer Ambulance Assn Inc is a registered charity in United States, based in Wethersfield, CT. It received its IRS tax-exemption ruling in May 1958, 68 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Wethersfield Volunteer Ambulance Assn Inc reported income of $738k and spending of $717k, spending 97% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $380k to $738k (+94%), an average of +18% a year. The sharpest change came in the year to March 2023, when income rose by 145%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wethersfield Volunteer Ambulance Assn Inc sits at the 60th percentile: it is larger than about 60% 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 Childrens Center of Mercer County ($738k), Tree of Hope Association Inc ($739k) and Society for Melanoma Research Ltd ($738k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $58k (8.0% of expenses). Other salaries and wages came to $235k. At year end it held assets of $298k against liabilities of $31k, net assets of $267k. It reported 41 employees.