Rockford Ambulance Inc

Analysis

Rockford Ambulance Inc is a registered charity in United States, based in Rockford, MI. It received its IRS tax-exemption ruling in April 1978, 48 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 December 2023, Rockford Ambulance Inc reported income of $7.8m and spending of $7.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.3m to $7.8m (+47%), an average of +10% a year. The sharpest change came in the year to December 2022, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rockford Ambulance Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within MI. Charities of a similar size with the same main cause include The Summit Medical Group Foundation Inc ($7.8m), Behavioral Health Management Services Inc ($7.8m) and Ascension Depaul Services ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $719k (9.4% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $5.1m against liabilities of $331k, net assets of $4.8m. It reported 111 employees.