Rockland Paradmedic Services Inc

Analysis

Rockland Paradmedic Services Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Rockland Paradmedic Services Inc reported income of $10.5m and spending of $11.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $10.5m (+24%), an average of +5.5% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rockland Paradmedic Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include The Storehouse of Collin County ($10.5m), Rural Minnesota Cep Inc ($10.5m) and Bridge to Home SCV ($10.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $444k (3.9% of expenses). Other salaries and wages came to $6.6m. At year end it held assets of $7.0m against liabilities of $3.1m, net assets of $3.8m. It reported 150 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.