Port Area Ambulance Service Inc

Analysis

Port Area Ambulance Service Inc is a registered charity in United States, based in Port Allegany, PA. It received its IRS tax-exemption ruling in August 1975, 51 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Port Area Ambulance Service Inc reported income of $422k and spending of $448k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $352k to $422k (+20%), an average of +6.2% a year. Over the whole period it spent 110% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Port Area Ambulance Service Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Joe Beretta Foundation ($422k), Christ Community Health Coalition ($422k) and Hellenic Medical Society of New York Inc ($422k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 70% of the total. Other salaries and wages came to $292k. At year end it held assets of $117k against liabilities of $129k, net assets of -$12k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.