Twin City Ambulance Service Inc

Analysis

Twin City Ambulance Service Inc is a registered charity in United States, based in Fulton, KY. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Twin City Ambulance Service Inc reported income of $1.6m and spending of $1.7m, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.6m (+14%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 105% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Twin City Ambulance Service Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within KY. Charities of a similar size with the same main cause include United Way Alliance of the Mid Ohio Valley Inc ($1.6m), Combined Health Agencies Drive Inc ($1.6m) and Rockside Foundation ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $879k. At year end it held assets of $933k against liabilities of $158k, net assets of $776k. It reported 34 employees.