Peekskill Community Volunteer Ambulance Corp

Analysis

Peekskill Community Volunteer Ambulance Corp is a registered charity in United States, based in Peekskill, NY. It received its IRS tax-exemption ruling in June 1968, 58 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 June 2023, Peekskill Community Volunteer Ambulance Corp reported income of $1.2m and spending of $1.2m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.2m (+23%), an average of +7.0% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peekskill Community Volunteer Ambulance Corp 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 81st percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Asia Developmental Services Inc ($1.2m), War Horse News ($1.2m) and Kaw Valley Soccer Association ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.9% and program service revenue 89% of the total. At year end it held assets of $2.6m against liabilities of $232k, net assets of $2.4m.