Medical Center Ambulance Service Inc

Analysis

Medical Center Ambulance Service Inc is a registered charity in United States, based in Madisonville, KY. It received its IRS tax-exemption ruling in September 1980, 46 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 December 2023, Medical Center Ambulance Service Inc reported income of $3.8m and spending of $3.7m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $3.1m to $3.8m (+22%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical Center Ambulance Service Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Health Talents International Inc ($3.8m), Rush County Nursing Home ($3.8m) and Baptist Community Health Services Inc ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $4.3m against liabilities of $2.5m, net assets of $1.7m.