Morning Sun Community Ambulance Service

Analysis

Morning Sun Community Ambulance Service is a registered charity in United States, based in Morning Sun, IA. It received its IRS tax-exemption ruling in April 1989, 37 years ago. 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 December 2023, Morning Sun Community Ambulance Service reported income of $104k and spending of $123k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $104k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 138% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morning Sun Community Ambulance Service sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within IA. Charities of a similar size with the same main cause include Little League Baseball Inc ($104k), Industrial & Commercial Ministries Inc ($104k) and Imperial County Sheriffs Reserve ($104k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. At year end it held assets of $111k against liabilities of $140k, net assets of -$28k.