Twin Township Ambulance Inc

Analysis

Twin Township Ambulance Inc is a registered charity in United States, based in New Lothrop, MI. It received its IRS tax-exemption ruling in July 1989, 37 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 June 2024, Twin Township Ambulance Inc reported income of $2.3m and spending of $2.3m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $2.3m (+88%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Twin Township Ambulance Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Drug Abuse Council of Snohomish County ($2.3m), Bayshore Counseling Services Inc ($2.3m) and Ronald McDonald House Lexington Inc ($2.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $937k. At year end it held assets of $831k against liabilities of $335k, net assets of $496k. It reported 33 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.