Blooming Grove Volunteer Ambulance Corps Inc

Analysis

Blooming Grove Volunteer Ambulance Corps Inc is a registered charity in United States, based in Washingtonvle, NY. It received its IRS tax-exemption ruling in December 2000, 26 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, Blooming Grove Volunteer Ambulance Corps Inc reported income of $1.7m and spending of $1.7m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 64%. Over the whole period it spent 97% 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, Blooming Grove Volunteer Ambulance Corps Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 81st percentile within NY. Charities of a similar size with the same main cause include Grand Island Fire Co No 1 Inc ($1.7m), Pleasant Garden Fire Department Incorporated ($1.7m) and Rainbow World Fund ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $129k (7.8% of expenses). Other salaries and wages came to $833k. At year end it held assets of $1.6m against liabilities of $125k, net assets of $1.5m. It reported 59 employees.