Quad City Helicopter Emergency Medical Service

Analysis

Quad City Helicopter Emergency Medical Service is a registered charity in United States, based in Bettendorf, IA. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 October 2023, Quad City Helicopter Emergency Medical Service reported income of $11.6m and spending of $10.6m, spending 91% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $8.6m to $11.6m (+36%), an average of +7.9% a year. The sharpest change came in the year to October 2021, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Quad City Helicopter Emergency Medical Service sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include New York Disaster Interfaith Services Inc ($10.3m), Aopa Foundation ($12.0m) and Delta Care and Scholarship Funds Inc ($10.3m).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $417k (3.9% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $20.6m against liabilities of $12.2m, net assets of $8.3m. It reported 33 employees.