Diaz Memorial Ambulance Service Inc

Analysis

Diaz Memorial Ambulance Service Inc is a registered charity in United States, based in Saugerties, NY. It received its IRS tax-exemption ruling in June 1979, 47 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Diaz Memorial Ambulance Service Inc reported income of $2.6m and spending of $2.3m, spending 89% of its income. Across the 6 years on record, from April 2019 to December 2023, income grew from $1.5m to $2.6m (+81%), an average of +13% a year. The sharpest change came in the year to December 2022, when income rose by 82%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Diaz Memorial Ambulance Service Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include ALS United North Carolina ($2.6m), Cedarcroft Home Inc ($2.6m) and T O U C H Therapy Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $115k (4.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.4m against liabilities of $316k, net assets of $1.1m.