Hatzalah South Florida Emergency Medical Services Inc

Analysis

Hatzalah South Florida Emergency Medical Services Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in September 2009, 17 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 (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 2022, Hatzalah South Florida Emergency Medical Services Inc reported income of $3.0m and spending of $2.1m, leaving 30% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $417k to $3.0m (+627%), an average of +170% a year. The sharpest change came in the year to December 2021, when income rose by 670%. Over the whole period it spent 54% 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, Hatzalah South Florida Emergency Medical Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Association of State Dam Safety Officials Inc ($3.0m), Stoney Point Fire Department Inc ($3.0m) and Spout Springs Emergency Services Inc ($3.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $79k. At year end it held assets of $4.0m against liabilities of $901k, net assets of $3.1m. It reported 2 employees.