Henry Community Ambulance Service

Analysis

Henry Community Ambulance Service is a registered charity in United States, based in Henry, IL. It received its IRS tax-exemption ruling in February 1980, 46 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, Henry Community Ambulance Service reported income of $572k and spending of $499k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $452k to $572k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Henry Community Ambulance Service sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IL. Charities of a similar size with the same main cause include Act for Mental Health ($572k), Rize Prevention Inc ($572k) and The Quinn House Inc ($571k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 43% of the total. Other salaries and wages came to $287k. At year end it held assets of $767k against liabilities of $1,012, net assets of $766k. It reported 16 employees.