Presence Ambulatory Services

Analysis

Presence Ambulatory Services is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Presence Ambulatory Services reported income of $694k and spending of $711k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.5m to $694k (-80%), an average of -33% a year. The sharpest change came in the year to June 2023, when income dropped by 48%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Presence Ambulatory Services sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within MO. Charities of a similar size with the same main cause include Globalminded ($693k), Providence Community School Inc ($694k) and Centro de Estudiante Y Maestro Investigador Corp ($693k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 82% of the total. At year end it held assets of $401k against liabilities of $211k, net assets of $190k.

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.