New Canaan Volunteer Ambulance Corps Inc

Analysis

New Canaan Volunteer Ambulance Corps Inc is a registered charity in United States, based in New Canaan, CT. It received its IRS tax-exemption ruling in July 1975, 51 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 June 2023, New Canaan Volunteer Ambulance Corps Inc reported income of $290k and spending of $228k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $230k to $290k (+26%), an average of +6.0% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Canaan Volunteer Ambulance Corps Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Oak Park Festival Theatre ($290k), Son House Housing Development Fund Company Inc ($290k) and Hickory Landmarks Society Inc ($290k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $827k against liabilities of $0, net assets of $827k.