Ford City Hose Company No 1 Ambulance Service

Analysis

Ford City Hose Company No 1 Ambulance Service is a registered charity in United States, based in Ford City, PA. It received its IRS tax-exemption ruling in October 1989, 37 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, Ford City Hose Company No 1 Ambulance Service reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $1.3m (+13%), an average of +3.2% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ford City Hose Company No 1 Ambulance Service sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Arkansas Cancer Coalition ($1.3m), New Hampshire Harm Reduction Coalition ($1.3m) and Hand County Memorial Hospital ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $241k (19% of expenses). Other salaries and wages came to $520k. It paid $5,088 in professional fundraising fees. At year end it held assets of $330k against liabilities of $15k, net assets of $315k. It reported 33 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.