Penn Yan Volunteer Ambulance Corps Inc

Analysis

Penn Yan Volunteer Ambulance Corps Inc is a registered charity in United States, based in Penn Yan, NY. It received its IRS tax-exemption ruling in July 1972, 54 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, Penn Yan Volunteer Ambulance Corps Inc reported income of $1.3m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $715k to $1.3m (+76%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Penn Yan Volunteer Ambulance Corps Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Global Strategies ($1.3m), Share Foundation of Community Hospitals of Williams County Inc ($1.3m) and Mosaic Health Center Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 87% of the total. Other salaries and wages came to $58k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 35 employees.