First Branch Ambulance Service Inc

Analysis

First Branch Ambulance Service Inc is a registered charity in United States, based in Chelsea, VT. It received its IRS tax-exemption ruling in May 2015, 11 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, First Branch Ambulance Service Inc reported income of $416k and spending of $388k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $307k to $416k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 96% 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, First Branch Ambulance Service Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 61st percentile within VT. Charities of a similar size with the same main cause include Brookside Volunteer Fire Company ($415k), Castorland Fire Company Inc ($416k) and Pittston TWP Volunteer Fire Dept ($415k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. Other salaries and wages came to $195k. At year end it held assets of $333k against liabilities of $54k, net assets of $279k. It reported 25 employees.