Mastic Volunteer Ambulance Company Inc

Analysis

Mastic Volunteer Ambulance Company Inc is a registered charity in United States, based in Mastic, NY. It received its IRS tax-exemption ruling in June 2006, 20 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, Mastic Volunteer Ambulance Company Inc reported income of $2.4m and spending of $2.2m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.4m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mastic Volunteer Ambulance Company Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Connected Care of Southeastern Massachusetts Inc ($2.4m), Bluestone Child and Adolescent Psychiatric Hospital ($2.4m) and American Friends of Rabin Medical Center Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $126k (5.8% of expenses). Other salaries and wages came to $783k. At year end it held assets of $4.2m against liabilities of $1.4m, net assets of $2.8m. It reported 38 employees.