Amwell Valley Ambulance Corps

Analysis

Amwell Valley Ambulance Corps is a registered charity in United States, based in Ringoes, NJ. It received its IRS tax-exemption ruling in November 1964, 62 years ago. 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, Amwell Valley Ambulance Corps reported income of $152k and spending of $180k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $92k to $152k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amwell Valley Ambulance Corps sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include University Houses Preschool Inc ($152k), Little League Baseball Inc ($152k) and Little League Baseball Inc ($152k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $368k against liabilities of $647, net assets of $367k.