Michigan Area Ambulance Service Inc

Analysis

Michigan Area Ambulance Service Inc is a registered charity in United States, based in Michigan, ND. It received its IRS tax-exemption ruling in September 1998, 28 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 (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 2023, Michigan Area Ambulance Service Inc reported income of $191k and spending of $233k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $240k to $191k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Michigan Area Ambulance Service Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 45th percentile within ND. Charities of a similar size with the same main cause include Lenape Volunteer Ambulance Corps Inc ($191k), Lazarus Recovery Program Inc ($191k) and Nashi Immigrants Health Board ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. At year end it held assets of $78k against liabilities of $5,130, net assets of $73k.