Peru Volunteer Ambulance Service Inc

Analysis

Peru Volunteer Ambulance Service Inc is a registered charity in United States, based in Peru, IL. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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, Peru Volunteer Ambulance Service Inc reported income of $1.4m and spending of $1.8m, spending 130% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $1.4m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Peru Volunteer Ambulance Service Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Precede Foundation Inc ($1.4m), Midtown Dallas Inc ($1.4m) and The Heritage Association of Rogersville ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $67k (3.7% of expenses). Other salaries and wages came to $793k. At year end it held assets of $2.2m against liabilities of $61k, net assets of $2.2m. It reported 37 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.