Tri-State Regional Ambulance Inc

Analysis

Tri-State Regional Ambulance Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in December 2000, 26 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 September 2023, Tri-State Regional Ambulance Inc reported income of $3.0m and spending of $3.8m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to September 2023, income grew from $2.2m to $3.0m (+36%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 23%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tri-State Regional Ambulance Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within WI. Charities of a similar size with the same main cause include Oklahoma Community Health Centers Inc ($3.0m), Polly Ryon Memorial Hospital Foundation ($3.0m) and Trousdale Foundation Inc ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $3.2m against liabilities of $4.2m, net assets of -$992k.

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.