New City Volunteer Ambulance Corps Inc

Analysis

New City Volunteer Ambulance Corps Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in November 1966, 60 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New City Volunteer Ambulance Corps Inc reported income of $1.3m and spending of $1.1m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $791k to $1.3m (+63%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New City Volunteer Ambulance Corps Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Camp Happy Days Inc ($1.3m), Bay Area Crisis Nursery ($1.3m) and Latina Coalition of Silicon Valley ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 97% of the total. Other salaries and wages came to $224k. At year end it held assets of $2.1m against liabilities of $514k, net assets of $1.6m. It reported 29 employees.