Blacklick Valley Foundation and Ambulance Service Inc

Analysis

Blacklick Valley Foundation and Ambulance Service Inc is a registered charity in United States, based in Nanty Glo, PA. It received its IRS tax-exemption ruling in October 1985, 41 years ago. 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 December 2023, Blacklick Valley Foundation and Ambulance Service Inc reported income of $946k and spending of $1.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $827k to $946k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blacklick Valley Foundation and Ambulance Service Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Peach Belt Athetic Conference Inc ($946k), Paralyzed Veterans of America Spinal Cord Research Foundation ($947k) and Parent to Parent of Miami Inc ($946k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $18k (1.7% of expenses). Other salaries and wages came to $554k. At year end it held assets of $551k against liabilities of $179k, net assets of $373k. It reported 32 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.