Malta Ambulance Corps Inc

Analysis

Malta Ambulance Corps Inc is a registered charity in United States, based in Ballston Spa, NY. It received its IRS tax-exemption ruling in December 1975, 51 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, Malta Ambulance Corps Inc reported income of $3.0m and spending of $2.8m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $3.0m (+4.0%), an average of +1.0% a year. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Malta Ambulance Corps Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Christian Heritage Academy ($3.0m), Miracle Mountain Ranch Missions Inc ($3.0m) and Society of St Vincent de Paul Altoona-Johnstown ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $102k (3.7% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.1m against liabilities of $158k, net assets of $4.0m. It reported 81 employees.