Huron Valley Ambulance Inc

Analysis

Huron Valley Ambulance Inc is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in March 1984, 42 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 2023, Huron Valley Ambulance Inc reported income of $35.4m and spending of $34.2m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $34.1m to $35.4m (+3.6%), an average of +0.9% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Huron Valley Ambulance Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Appalachian Regional Healthcare System Inc ($35.4m), Southside Medical Center Inc ($35.4m) and Troy Community Hospital Incorporated ($35.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Other salaries and wages came to $15.4m. At year end it held assets of $32.6m against liabilities of $6.0m, net assets of $26.6m.