Toledo Area Emergency Ambulance Service Inc

Analysis

Toledo Area Emergency Ambulance Service Inc is a registered charity in United States, based in Toledo, IL. It received its IRS tax-exemption ruling in March 1989, 37 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 August 2023, Toledo Area Emergency Ambulance Service Inc reported income of $144k and spending of $119k, spending 83% of its income. Across the 4 years on record, from August 2020 to August 2023, income fell from $275k to $144k (-47%), an average of -19% a year. The sharpest change came in the year to August 2023, when income dropped by 39%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Toledo Area Emergency Ambulance Service Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include In His Rein Ministries ($144k), Milton Volunteer Fire Department Inc ($144k) and Hope Academy of Granbury ($144k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. At year end it held assets of $356k against liabilities of $0, net assets of $356k.