Beacon Volunteer Ambulance Corp

Analysis

Beacon Volunteer Ambulance Corp is a registered charity in United States, based in Beacon, NY. It received its IRS tax-exemption ruling in September 1968, 58 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 March 2024, Beacon Volunteer Ambulance Corp reported income of $1.2m and spending of $967k, spending 81% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $649k to $1.2m (+83%), an average of +16% a year. The sharpest change came in the year to March 2024, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Beacon Volunteer Ambulance Corp sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Peer Coach Academy Colorado Inc ($1.2m), Southern Oklahoma Addiction Recovery Program Inc ($1.2m) and Kachemak Bay Family Planning Clinic ($1.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 8.9% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $83k (8.6% of expenses). Other salaries and wages came to $334k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 14 employees.