Valley Ambulance Service Inc

Analysis

Valley Ambulance Service Inc is a registered charity in United States, based in Grafton, ND. It received its IRS tax-exemption ruling in May 1973, 53 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 June 2024, Valley Ambulance Service Inc reported income of $725k and spending of $615k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $826k to $725k (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. 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, Valley Ambulance Service Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within ND. Charities of a similar size with the same main cause include Ohio Cancer Research Associates ($725k), Pharmaceutical Education & Research Institute Inc ($725k) and Bronx Health Link ($725k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.6% and program service revenue 89% of the total. Other salaries and wages came to $339k. At year end it held assets of $2.1m against liabilities of $417, net assets of $2.1m. It reported 23 employees.