Philipstown Volunteer Ambulance Corps Inc

Analysis

Philipstown Volunteer Ambulance Corps Inc is a registered charity in United States, based in Cold Spring, NY. It received its IRS tax-exemption ruling in May 1967, 59 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Philipstown Volunteer Ambulance Corps Inc reported income of $563k and spending of $682k, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $498k to $563k (+13%), an average of +3.1% a year. The sharpest change came in the year to June 2022, when income rose by 44%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Philipstown Volunteer Ambulance Corps Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include International Dermatology Outcome Measures ($563k), North Idaho AIDS Coalition ($563k) and New Promise Foundation Inc ($563k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $372k. At year end it held assets of $507k against liabilities of $55k, net assets of $451k. It reported 27 employees.