10-33 Ambulance Service Limited

Analysis

10-33 Ambulance Service Limited is a registered charity in United States, based in Spring Valley, IL. It received its IRS tax-exemption ruling in October 1977, 49 years ago. 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 September 2023, 10-33 Ambulance Service Limited reported income of $1.6m and spending of $1.8m, spending 115% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $1.6m (-12%), an average of -3.0% a year. The sharpest change came in the year to September 2021, when income rose by 58%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 10-33 Ambulance Service Limited sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IL. Charities of a similar size with the same main cause include Park Slope Child Care Collective ($1.6m), Colony Retirement Homes IV Inc ($1.6m) and Glastonbury Volunteer Ambulance Association Inc ($1.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $104k (5.7% of expenses). At year end it held assets of $1.1m against liabilities of $132, net assets of $1.1m. It reported 34 employees.