Area Ambulance Authority

Analysis

Area Ambulance Authority is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Area Ambulance Authority reported income of $8.9m and spending of $8.1m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $6.6m to $8.9m (+35%), an average of +6.2% a year. The sharpest change came in the year to June 2020, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Area Ambulance Authority sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IA. Charities of a similar size with the same main cause include United Family Practice Health Center ($8.9m), Spartan Imaging Inc ($8.9m) and Parkland Center for Clinical Innovation ($8.9m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $408k (5.0% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $12.6m against liabilities of $602k, net assets of $12.0m. It reported 96 employees.