Riceville Ambulance Service Inc

Analysis

Riceville Ambulance Service Inc is a registered charity in United States, based in Riceville, IA. It received its IRS tax-exemption ruling in September 2004, 22 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Riceville Ambulance Service Inc reported income of $133k and spending of $121k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $140k to $133k (-4.5%), an average of -1.1% a year. The sharpest change came in the year to June 2022, when income rose by 144%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Riceville Ambulance Service Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include LA Harpe Volunteer Ambulance ($133k), Center for Mental Health Promotion Inc ($133k) and Friends Alliance Housing II Inc ($133k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 10% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $21k (17% of expenses). Other salaries and wages came to $12k. At year end it held assets of $725k against liabilities of $2,962, net assets of $722k. It reported 21 employees.