Riverhead Volunteer Ambulance Corps Inc

Analysis

Riverhead Volunteer Ambulance Corps Inc is a registered charity in United States, based in Riverhead, NY. It received its IRS tax-exemption ruling in August 1998, 28 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, Riverhead Volunteer Ambulance Corps Inc reported income of $1.6m and spending of $1.6m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.6m (+31%), an average of +6.9% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riverhead Volunteer Ambulance Corps 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 81st percentile within NY. Charities of a similar size with the same main cause include Make a Wish Foundation of Central Coast and Southern Central Valley ($1.6m), Intersection of Change Inc ($1.6m) and ALS United Connecticut Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $43k (2.8% of expenses). Other salaries and wages came to $700k. At year end it held assets of $1.8m against liabilities of $26k, net assets of $1.8m. It reported 52 employees.