Silver Spring Ambulance and Rescue Association

Analysis

Silver Spring Ambulance and Rescue Association is a registered charity in United States, based in New Kingstown, PA. It received its IRS tax-exemption ruling in March 1976, 50 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, Silver Spring Ambulance and Rescue Association reported income of $1.3m and spending of $1.3m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $802k to $1.3m (+56%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Silver Spring Ambulance and Rescue Association sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include World Changers International Ministries ($1.3m), Supporting People in Need ($1.3m) and Safe Haven of Pender Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Other salaries and wages came to $582k. At year end it held assets of $1.6m against liabilities of $97k, net assets of $1.5m. It reported 24 employees.