Southampton Volunteer Ambulance Inc

Analysis

Southampton Volunteer Ambulance Inc is a registered charity in United States, based in Southampton, NY. It received its IRS tax-exemption ruling in April 1994, 32 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, Southampton Volunteer Ambulance Inc reported income of $1.2m and spending of $1.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $593k to $1.2m (+99%), an average of +19% a year. The sharpest change came in the year to December 2020, when income rose by 66%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southampton Volunteer Ambulance Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Southen Illinois Healthcare Enterprises Inc ($1.2m), Reason for Hope Inc ($1.2m) and The Physician Network ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $96k (8.8% of expenses). At year end it held assets of $2.0m against liabilities of $39k, net assets of $2.0m. It reported 25 employees.