Vassar Area Ambulance Service

Analysis

Vassar Area Ambulance Service is a registered charity in United States, based in Vassar, MI. It received its IRS tax-exemption ruling in October 1987, 39 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, Vassar Area Ambulance Service reported income of $165k and spending of $147k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $165k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vassar Area Ambulance Service sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Neighborhood Living Resources Inc ($165k), Luminina Corp ($165k) and Sister-Bear Foundation ($165k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.