Stony Point Ambulance Corps Inc

Analysis

Stony Point Ambulance Corps Inc is a registered charity in United States, based in Stony Point, NY. It received its IRS tax-exemption ruling in December 1955, 71 years ago. 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, Stony Point Ambulance Corps Inc reported income of $1.4m and spending of $844k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $703k to $1.4m (+95%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 191%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Stony Point Ambulance Corps Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 79th percentile within NY. Charities of a similar size with the same main cause include The Regeneration Center ($1.4m), Burholme First Aid Corps ($1.4m) and Croquet Foundation of America Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 80% of the total. Other salaries and wages came to $157k. At year end it held assets of $6.2m against liabilities of $3.7m, net assets of $2.5m.