Valley Emergency Medical Services Inc

Analysis

Valley Emergency Medical Services Inc is a registered charity in United States, based in Seymour, CT. It received its IRS tax-exemption ruling in November 1986, 40 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 April 2024, Valley Emergency Medical Services Inc reported income of $2.3m and spending of $2.4m, spending 106% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income grew from $2.3m to $2.3m (+0.2%), an average of +0.0% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Valley Emergency Medical Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include The Healing Connection Inc ($2.3m), Northampton Regional Emergency Medical Services ($2.3m) and Jewel Charity Ball Incorporated ($2.3m).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $88k (3.6% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $1.2m against liabilities of $153k, net assets of $1.0m. It reported 70 employees.

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.