New Hartford Volunteer Ambulance Association Inc

Analysis

New Hartford Volunteer Ambulance Association Inc is a registered charity in United States, based in New Hartford, CT. It received its IRS tax-exemption ruling in January 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, New Hartford Volunteer Ambulance Association Inc reported income of $822k and spending of $843k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $657k to $822k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hartford Volunteer Ambulance Association Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include St John United Way ($822k), Five Star Senior Center Inc ($822k) and United Way of Sevier County ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 60% of the total. Other salaries and wages came to $402k. At year end it held assets of $814k against liabilities of $461k, net assets of $352k. It reported 22 employees.