Andover Volunteer Ambulance Corps Inc

Analysis

Andover Volunteer Ambulance Corps Inc is a registered charity in United States, based in Andover, NY. It received its IRS tax-exemption ruling in September 2016, 10 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, Andover Volunteer Ambulance Corps Inc reported income of $127k and spending of $73k, leaving 42% of income unspent that year. Across the 5 years on record, from March 2020 to December 2023, income grew from $124k to $127k (+2.1%), an average of +0.5% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Andover Volunteer Ambulance Corps Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Trauma and Resiliency Resources Inc ($127k), Colorado Orthopaedic Research Institute ($127k) and One Cancer Place ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 65% of the total. At year end it held assets of $902k against liabilities of $227k, net assets of $675k.