Middlebury Volunteer Ambulance Association Inc

Analysis

Middlebury Volunteer Ambulance Association Inc is a registered charity in United States, based in Middlebury, VT. It received its IRS tax-exemption ruling in November 1970, 56 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 (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, Middlebury Volunteer Ambulance Association Inc reported income of $4.0m and spending of $3.4m, spending 84% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $4.0m (+122%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Middlebury Volunteer Ambulance Association 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 91st percentile, and in the 90th percentile within VT. Charities of a similar size with the same main cause include Jefferson Regional Foundation ($4.0m), South Texas Substance Abuse Recovery Services Inc ($4.0m) and Fort Gay Primary Health Care Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.0% and program service revenue 89% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $4.7m against liabilities of $110k, net assets of $4.6m. It reported 73 employees.