Wellsville Volunteer Ambulance Corp Inc

Analysis

Wellsville Volunteer Ambulance Corp Inc is a registered charity in United States, based in Wellsville, NY. It received its IRS tax-exemption ruling in June 1968, 58 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, Wellsville Volunteer Ambulance Corp Inc reported income of $749k and spending of $513k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $478k to $749k (+57%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wellsville Volunteer Ambulance Corp Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 72nd percentile within NY. Charities of a similar size with the same main cause include Providence Milwaukie Foundation ($748k), Blanchester Community Service Association Inc ($749k) and South Jefferson Rescue Squad Inc ($748k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 93% of the total. At year end it held assets of $965k against liabilities of $48k, net assets of $916k.