Lakeshore Volunteer Ambulance Inc

Analysis

Lakeshore Volunteer Ambulance Inc is a registered charity in United States, based in Red Creek, NY. It received its IRS tax-exemption ruling in January 2005, 21 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, Lakeshore Volunteer Ambulance Inc reported income of $612k and spending of $494k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $426k to $612k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 29%. 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, Lakeshore Volunteer Ambulance Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Providing Autism Links & Support Inc ($612k), Northeast Texas Regional Advisory Council ($612k) and Hope Pregnancy Center ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $46k (9.3% of expenses). Other salaries and wages came to $245k. At year end it held assets of $597k against liabilities of $119k, net assets of $477k. It reported 12 employees.