Thomaston Volunteer Ambulance Corps Inc

Analysis

Thomaston Volunteer Ambulance Corps Inc is a registered charity in United States, based in Thomaston, CT. It received its IRS tax-exemption ruling in June 1996, 30 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 June 2023, Thomaston Volunteer Ambulance Corps Inc reported income of $396k and spending of $428k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $326k to $396k (+21%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 103% 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, Thomaston Volunteer Ambulance Corps Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within CT. Charities of a similar size with the same main cause include Ridgeley Volunteer Fire Co ($396k), Mountain Top Fire Company ($397k) and Edge Hill Fire Company No 1 ($396k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 83% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.