Pearl River Alumni Ambulance Corporation

Analysis

Pearl River Alumni Ambulance Corporation is a registered charity in United States, based in Pearl River, NY. It received its IRS tax-exemption ruling in August 1965, 61 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 May 2023, Pearl River Alumni Ambulance Corporation reported income of $802k and spending of $675k, spending 84% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $458k to $802k (+75%), an average of +21% a year. The sharpest change came in the year to May 2023, when income rose by 68%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pearl River Alumni Ambulance Corporation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Next Step Atlanta Inc ($802k), Senior Care Navigator Group Inc ($802k) and South Texas Pregnancy Care Center ($802k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 42% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $49k (7.3% of expenses). Other salaries and wages came to $270k. At year end it held assets of $1.0m against liabilities of $547k, net assets of $479k. It reported 15 employees.