Thurmont Community Ambulance Service Inc

Analysis

Thurmont Community Ambulance Service Inc is a registered charity in United States, based in Thurmont, MD. It received its IRS tax-exemption ruling in November 1993, 33 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, Thurmont Community Ambulance Service Inc reported income of $801k and spending of $759k, spending 95% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $565k to $801k (+42%), an average of +7.2% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thurmont Community Ambulance Service 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 77th percentile, and in the 76th percentile within MD. Charities of a similar size with the same main cause include Pawnee City Assisted Living ($800k), Road Recovery Foundation ($801k) and Goodwill Hose Company Ambulance Association ($800k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 29% of the total. At year end it held assets of $5.3m against liabilities of $4.0m, net assets of $1.3m.