B Y E Ambulance Inc

Analysis

B Y E Ambulance Inc is a registered charity in United States, based in Elmwood, IL. It received its IRS tax-exemption ruling in March 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, B Y E Ambulance Inc reported income of $847k and spending of $882k, spending 104% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $603k to $847k (+41%), an average of +8.9% a year. The sharpest change came in the year to May 2022, when income rose by 32%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, B Y E Ambulance Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Mosaics of Mercy Inc ($847k), Highland House ($847k) and Healthcare Alternatives ($847k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 58% and program service revenue 39% of the total. Other salaries and wages came to $530k. At year end it held assets of $1.3m against liabilities of $302k, net assets of $971k. It reported 24 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.