North Stonington Ambulance Assoc Inc

Analysis

North Stonington Ambulance Assoc Inc is a registered charity in United States, based in N Stonington, CT. It received its IRS tax-exemption ruling in January 1972, 54 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 April 2022, North Stonington Ambulance Assoc Inc reported income of $428k and spending of $522k, spending 122% of what it took in. Across the 3 years on record, from April 2020 to April 2022, income fell from $487k to $428k (-12%), an average of -6.3% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, North Stonington Ambulance Assoc Inc 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 68th percentile, and in the 65th percentile within CT. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($428k), Global Village Institute ($428k) and Southern Regional Corporation ($428k).

On its Form 990 for the period ending April 2022, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $356k (68% of expenses). At year end it held assets of $400k against liabilities of $8,516, net assets of $392k. It reported 28 employees.