Central Orleans Volunteer Ambulance Inc

Analysis

Central Orleans Volunteer Ambulance Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in December 1979, 47 years ago. 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 2022, Central Orleans Volunteer Ambulance Inc reported income of $993k and spending of $1.3m, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $1.4m to $993k (-27%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Orleans Volunteer Ambulance Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include Kuleana Coral Reefs ($993k), The Land Conservancy of McHenry County ($993k) and Flickinger Center for Performing Arts ($993k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 6.8% and program service revenue 92% of the total. At year end it held assets of $542k against liabilities of $508k, net assets of $35k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.