Lisbon-Mt Vernon Ambulance Service

Analysis

Lisbon-Mt Vernon Ambulance Service is a registered charity in United States, based in Mount Vernon, IA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Lisbon-Mt Vernon Ambulance Service reported income of $508k and spending of $403k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $256k to $508k (+98%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 36%. Over the whole period it spent 81% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Lisbon-Mt Vernon Ambulance Service sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include United Steam Fire Engine Co-3 ($508k), Useppa Island Volunteer Fire Company Inc ($509k) and St Thomas Township Volunteer Fire & Rescue Co Inc ($508k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $57k (14% of expenses). Other salaries and wages came to $68k. At year end it held assets of $1.2m against liabilities of $34k, net assets of $1.1m. It reported 44 employees.