Cove City Ems Inc

Analysis

Cove City Ems Inc is a registered charity in United States, based in Cove City, NC. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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, Cove City Ems Inc reported income of $585k and spending of $590k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $578k to $585k (+1.2%), an average of +0.3% a year. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Cove City Ems Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Terrell Industries Inc ($585k), Hosanna Christian School ($585k) and Montessori School of Pullman ($585k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $363k. At year end it held assets of $288k against liabilities of $1,931, net assets of $286k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.