Rocky Hill Volunteer Ambulance Assoc Inc

Analysis

Rocky Hill Volunteer Ambulance Assoc Inc is a registered charity in United States, based in Rocky Hill, CT. It received its IRS tax-exemption ruling in April 1977, 49 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Rocky Hill Volunteer Ambulance Assoc Inc reported income of $342k and spending of $398k, spending 116% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $516k to $342k (-34%), an average of -13% a year. The sharpest change came in the year to April 2023, when income dropped by 20%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rocky Hill Volunteer Ambulance Assoc Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 61st percentile within CT. Charities of a similar size with the same main cause include This Is My Brave Inc ($342k), St Johns River Rual Health Network Inc ($342k) and Working Peoples Free Clinic Inc ($342k).

On its Form 990 for the period ending April 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $80k (20% of expenses). At year end it held assets of $1.4m against liabilities of $317k, net assets of $1.1m.