Central Lincoln County Ambulance Service Inc

Analysis

Central Lincoln County Ambulance Service Inc is a registered charity in United States, based in Damariscotta, ME. It received its IRS tax-exemption ruling in March 1993, 33 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Central Lincoln County Ambulance Service Inc reported income of $2.3m and spending of $1.8m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.3m (+87%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Lincoln County Ambulance Service 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 86th percentile within ME. Charities of a similar size with the same main cause include Society for Cardiovascular ($2.3m), Tampa Bay Thrives ($2.3m) and Psychonomic Society Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $159k (8.9% of expenses). Other salaries and wages came to $918k. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m. It reported 41 employees.