Albany Area Ems Inc

Analysis

Albany Area Ems Inc is a registered charity in United States, based in Albany, WI. It received its IRS tax-exemption ruling in November 2003, 23 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 July 2023, Albany Area Ems Inc reported income of $400k and spending of $215k, leaving 46% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $204k to $400k (+96%), an average of +96% a year. The sharpest change came in the year to July 2023, when income rose by 96%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Albany Area Ems Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within WI. Charities of a similar size with the same main cause include Domus Pacis Family Respite Inc ($400k), I Understand Love Heals ($400k) and Staar Ovarian Cancer ($400k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 1.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $26k (12% of expenses). Other salaries and wages came to $57k. At year end it held assets of $677k against liabilities of $585, net assets of $676k. It reported 16 employees.