National Ambucs Inc

Analysis

National Ambucs Inc is a registered charity in United States, based in Amarillo, 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 2023, National Ambucs Inc reported income of $913k and spending of $1.2m, spending 136% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $215k to $913k (+325%), an average of +44% a year. The sharpest change came in the year to May 2023, when income rose by 255%. Over the whole period it spent 92% 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 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Tallahassee Senior Citizens Foundation Inc Old Armory BLDG ($913k), Quality Industries of the Lake of the Ozarks ($913k) and Friends of Ballona Wetlands ($913k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $749k against liabilities of $8,874, net assets of $741k.