Cuerpo de Voluntarios de Servicios Medicos de Emergencias Inc

Analysis

Cuerpo de Voluntarios de Servicios Medicos de Emergencias Inc is a registered charity in United States, based in Hatillo, PR. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Cuerpo de Voluntarios de Servicios Medicos de Emergencias Inc reported income of $313k and spending of $226k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $784k to $313k (-60%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 101% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Cuerpo de Voluntarios de Servicios Medicos de Emergencias Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 46th percentile within PR. Charities of a similar size with the same main cause include Whitakers Volunteer Fire Dept ($313k), West Windsor Fire Company Inc ($313k) and Nashville Volunteer Fire Co No 1 Nashville Jackson Township Pa ($313k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $468k against liabilities of $104k, net assets of $364k.