Community Ambulance Service of Preston Iowa

Analysis

Community Ambulance Service of Preston Iowa is a registered charity in United States, based in Preston, IA. It received its IRS tax-exemption ruling in August 1977, 49 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, Community Ambulance Service of Preston Iowa reported income of $80k and spending of $81k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $80k (-2.4%), an average of -2.4% a year. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Ambulance Service of Preston Iowa sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within IA. Charities of a similar size with the same main cause include Centennial School Foundation ($80k), Genesee County Historical & Museum Society ($80k) and German School of the East Bay ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $275k against liabilities of $0, net assets of $275k.