Pine Island Volunteer Ambulance Corps Inc

Analysis

Pine Island Volunteer Ambulance Corps Inc is a registered charity in United States, based in Pine Island, NY. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Pine Island Volunteer Ambulance Corps Inc reported income of $161k and spending of $169k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $345k to $161k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income dropped by 62%. Over the whole period it spent 66% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Pine Island Volunteer Ambulance Corps Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Normangee Volunteer Fire Department ($161k), South Lee County Volunteer Fire Department Inc ($161k) and China Spring Volunteer Fire Department & Rescue Service Inc ($161k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.6m against liabilities of $780k, net assets of $823k.