Silverton Volunteer Ambulance Service Inc

Analysis

Silverton Volunteer Ambulance Service Inc is a registered charity in United States, based in Silverton, TX. It received its IRS tax-exemption ruling in March 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 December 2023, Silverton Volunteer Ambulance Service Inc reported income of $78k and spending of $69k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $242k to $78k (-68%), an average of -25% a year. The sharpest change came in the year to December 2020, when income dropped by 45%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Silverton Volunteer Ambulance Service Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Friends of Historic Preservation ($78k), St John United Church of Christ Endowment Inc ($78k) and Women of Color Empowerment Institute Inc ($78k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $22k. At year end it held assets of $709k against liabilities of $0, net assets of $709k. It reported 7 employees.