Grundy Emergency Medical Services Inc

Analysis

Grundy Emergency Medical Services Inc is a registered charity in United States, based in Coalmont, TN. It received its IRS tax-exemption ruling in October 2005, 21 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grundy Emergency Medical Services Inc reported income of $5.5m and spending of $5.0m, spending 92% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.2m to $5.5m (+71%), an average of +11% a year. The sharpest change came in the year to June 2023, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grundy Emergency Medical Services Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Medic One Foundation ($5.5m), Boley-Par Inc ($5.5m) and California Hospital Medical Center Foundation ($5.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $70k (1.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $1.7m against liabilities of $440, net assets of $1.7m. It reported 39 employees.