Bayshore Brightwaters Rescue Ambulance Inc

Analysis

Bayshore Brightwaters Rescue Ambulance Inc is a registered charity in United States, based in Bay Shore, NY. It received its IRS tax-exemption ruling in February 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 December 2023, Bayshore Brightwaters Rescue Ambulance Inc reported income of $3.9m and spending of $3.1m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $3.9m (+121%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 67%. 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, Bayshore Brightwaters Rescue Ambulance Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 88th percentile within NY. Charities of a similar size with the same main cause include Kuniholm School ($3.9m), Alcoholic Anonymous Grapevine Inc ($3.9m) and California Prestige University ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $3.8m against liabilities of $854k, net assets of $3.0m. It reported 53 employees.