Medford Volunteer Ambulance Inc

Analysis

Medford Volunteer Ambulance Inc is a registered charity in United States, based in Medford, NY. It received its IRS tax-exemption ruling in August 1980, 46 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 December 2023, Medford Volunteer Ambulance Inc reported income of $1.6m and spending of $1.5m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.6m (+12%), an average of +2.9% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medford Volunteer Ambulance Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 80th percentile within NY. Charities of a similar size with the same main cause include Bridge to Independence Inc ($1.6m), Breast Cancer Coalition of Rochester Inc ($1.6m) and St Lukes Family Medical Group a Flexible Purpose Corp ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Other salaries and wages came to $601k. At year end it held assets of $3.9m against liabilities of $1.4m, net assets of $2.6m. It reported 33 employees.