Morristown Hamblen Emergency Medical Service Company

Analysis

Morristown Hamblen Emergency Medical Service Company is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in January 1988, 38 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 July 2023, Morristown Hamblen Emergency Medical Service Company reported income of $8.0m and spending of $7.7m, spending 97% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $7.3m to $8.0m (+9.5%), an average of +3.1% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Morristown Hamblen Emergency Medical Service Company sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include Western Colorado University Foundation ($8.0m), North Carolina Advanced Energy Corporation ($8.0m) and Habitat for Humanity Sarasota Inc ($8.0m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $3.6m against liabilities of $779k, net assets of $2.8m. It reported 73 employees.