National Ambucs Inc

Analysis

National Ambucs Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in March 1996, 30 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, National Ambucs Inc reported income of $122k and spending of $45k, leaving 63% of income unspent that year. Across the 6 years on record, from December 2019 to May 2024, income fell from $202k to $122k (-40%), an average of -9.6% a year. The sharpest change came in the year to May 2023, when income rose by 475%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Ambucs Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Suffolk Nansemond Historical Society ($122k), Gulfport Columbian Home Foundation Inc ($122k) and Albany State University National Alumni Association ($122k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 19% of the total. At year end it held assets of $253k against liabilities of $0, net assets of $253k.