Galway Ambulance Corps Inc

Analysis

Galway Ambulance Corps Inc is a registered charity in United States, based in Galway, NY. It received its IRS tax-exemption ruling in December 1970, 56 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, Galway Ambulance Corps Inc reported income of $613k and spending of $596k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $439k to $613k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Galway Ambulance Corps Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Finger Lakes Regional Emergency Medical Services Council Inc ($612k), Optimist Club of West Pembroke Pines Inc ($613k) and Illinois Fire Chiefs Association Educational & Research Foundation ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Other salaries and wages came to $444k. At year end it held assets of $309k against liabilities of $0, net assets of $309k.