Town of Watertown Ambulance Service Inc

Analysis

Town of Watertown Ambulance Service Inc is a registered charity in United States, based in Watertown, NY. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Town of Watertown Ambulance Service Inc reported income of $813k and spending of $797k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $530k to $813k (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Town of Watertown Ambulance Service Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Simon W Wardwell Foundation ($811k), Arbutus Volunteer Fire Dept of Baltimore County Inc ($814k) and Flint Hills Regional Council Inc ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.6% and program service revenue 97% of the total. Other salaries and wages came to $492k. At year end it held assets of $698k against liabilities of $304k, net assets of $393k. It reported 36 employees.