Osolo Emergency Medical Services

Analysis

Osolo Emergency Medical Services is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in March 1992, 34 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, Osolo Emergency Medical Services reported income of $1.0m and spending of $947k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $756k to $1.0m (+33%), an average of +7.4% a year. Over the whole period it spent 90% 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, Osolo Emergency Medical Services sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within IN. Charities of a similar size with the same main cause include Franklinville Fire Protection Assn Inc ($1.0m), Citizens Hose Company No 1 ($1.0m) and Bandys Crossroads Volunteer Fire Department Incorporated ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $262k (28% of expenses). Other salaries and wages came to $209k. At year end it held assets of $1.8m against liabilities of $105k, net assets of $1.7m. It reported 24 employees.