Walden Ambulance Corp

Analysis

Walden Ambulance Corp is a registered charity in United States, based in Walden, NY. It received its IRS tax-exemption ruling in November 1990, 36 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, Walden Ambulance Corp reported income of $2.1m and spending of $1.9m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $612k to $2.1m (+244%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walden Ambulance Corp sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Youth for Christ USA Inc ($2.1m), Franklin Center for Global Policy Exchange ($2.1m) and Council on Education for Public Health ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $116k (6.0% of expenses). Other salaries and wages came to $837k. At year end it held assets of $753k against liabilities of $351k, net assets of $403k. It reported 42 employees.