Center Point Ambulance Service Inc

Analysis

Center Point Ambulance Service Inc is a registered charity in United States, based in Center Point, IA. It received its IRS tax-exemption ruling in April 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 December 2023, Center Point Ambulance Service Inc reported income of $292k and spending of $274k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $266k to $292k (+9.9%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Center Point Ambulance Service Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within IA. Charities of a similar size with the same main cause include Marthas Vineyard Foundation Inc ($292k), Ican House Services Inc ($293k) and Therapy and Counseling Services ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $69k (25% of expenses). At year end it held assets of $772k against liabilities of $4,968, net assets of $767k. It reported 5 employees.