Ballston Lake Emergency Squad Inc

Analysis

Ballston Lake Emergency Squad Inc is a registered charity in United States, based in Ballston Lake, NY. It received its IRS tax-exemption ruling in July 1999, 27 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, Ballston Lake Emergency Squad Inc reported income of $812k and spending of $1.1m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $584k to $812k (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ballston Lake Emergency Squad Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include The Parmenter Foundation Inc ($812k), American Academy of Development Medicine and Dentistry ($812k) and Young Homes Inc ($812k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $95k (8.3% of expenses). Other salaries and wages came to $583k. At year end it held assets of $1.0m against liabilities of $1,620, net assets of $1.0m. It reported 41 employees.