Economy Volunteer Ambulance Service

Analysis

Economy Volunteer Ambulance Service is a registered charity in United States, based in Ambridge, PA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Economy Volunteer Ambulance Service reported income of $1.8m and spending of $1.6m, spending 89% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $694k to $1.8m (+158%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 95% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Economy Volunteer Ambulance Service sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within PA. Charities of a similar size with the same main cause include Highway 168 Fire Safe Council ($1.8m), Carmel Fire Department Inc ($1.8m) and Edneyville Volunteer Fire Rescue ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $139k (8.8% of expenses). Other salaries and wages came to $810k. At year end it held assets of $1.3m against liabilities of $207k, net assets of $1.0m. It reported 41 employees.