Penfield Volunteer Emergency Ambulance Service Inc

Analysis

Penfield Volunteer Emergency Ambulance Service Inc is a registered charity in United States, based in Penfield, NY. It received its IRS tax-exemption ruling in December 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Penfield Volunteer Emergency Ambulance Service Inc reported income of $3.2m and spending of $3.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $3.2m (+46%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Penfield Volunteer Emergency Ambulance Service Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within NY. Charities of a similar size with the same main cause include Life International Inc ($3.2m), Smyth County Charitable Fund ($3.2m) and Jones Medical Services PC ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.4% and program service revenue 88% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $4.1m against liabilities of $1.0m, net assets of $3.0m. It reported 67 employees.