Terra Alta Community Ambulance Squad Inc
Analysis
Terra Alta Community Ambulance Squad Inc is a registered charity in United States, based in Terra Alta, WV. It received its IRS tax-exemption ruling in November 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, Terra Alta Community Ambulance Squad Inc reported income of $671k and spending of $376k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $671k (+159%), an average of +27% a year. The sharpest change came in the year to December 2021, when income rose by 87%. Over the whole period it spent 84% 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, Terra Alta Community Ambulance Squad Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within WV. Charities of a similar size with the same main cause include Newark Volunteer Fire Company ($671k), Harleysville Community Fire Company ($671k) and Prospect Volunteer Ambulance Inc ($670k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 35% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $99k (26% of expenses). Other salaries and wages came to $130k. At year end it held assets of $466k against liabilities of $19k, net assets of $446k. It reported 22 employees.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Program services 57%
- Other 7.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Newark Volunteer Fire Company | Newark | $671k |
| Harleysville Community Fire Company | Harleysville | $671k |
| Prospect Volunteer Ambulance Inc | Remsen | $670k |
| Northern York County Fire Rescue and Ems | Dillsburg | $671k |