Havre de Grace Ambulance Corps Inc

Analysis

Havre de Grace Ambulance Corps Inc is a registered charity in United States, based in Hvre de Grace, MD. It received its IRS tax-exemption ruling in September 1987, 39 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, Havre de Grace Ambulance Corps Inc reported income of $778k and spending of $566k, leaving 27% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.0m to $778k (-22%), an average of -4.9% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Havre de Grace Ambulance Corps Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Fountain Clinic ($778k), Mechling Sheakley Veterans Center Inc ($778k) and Cooperative Christian Ministries and Clinic ($778k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 95% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $43k (7.6% of expenses). Other salaries and wages came to $27k. At year end it held assets of $3.9m against liabilities of $48k, net assets of $3.8m. It reported 2 employees.