Boonsboro Ambulance and Rescue Service Incorporated

Analysis

Boonsboro Ambulance and Rescue Service Incorporated is a registered charity in United States, based in Boonsboro, MD. It received its IRS tax-exemption ruling in July 1990, 36 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Boonsboro Ambulance and Rescue Service Incorporated reported income of $2.0m and spending of $1.6m, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $794k to $2.0m (+156%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boonsboro Ambulance and Rescue Service Incorporated sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within MD. Charities of a similar size with the same main cause include Southern Tier Medical Care - Ny PC ($2.0m), Harris Hands Community Services ($2.0m) and Village-Virgin Islands Partners in Recovery Inc ($2.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 39% of the total. Other salaries and wages came to $778k. At year end it held assets of $1.4m against liabilities of $459, net assets of $1.4m. It reported 37 employees.