Lovington Community Ambulance Service Inc

Analysis

Lovington Community Ambulance Service Inc is a registered charity in United States, based in Lovington, IL. It received its IRS tax-exemption ruling in April 2007, 19 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 (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, Lovington Community Ambulance Service Inc reported income of $146k and spending of $132k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $117k to $146k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 90% 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, Lovington Community Ambulance Service Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within IL. Charities of a similar size with the same main cause include Ohio Association for Pupil Transportation ($146k), Glenmore Volunteer Fire Co ($146k) and Helena Community Volunteer Fire Department ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $4,050 (3.1% of expenses). At year end it held assets of $167k against liabilities of $0, net assets of $167k.