Olton Volunteer Ambulance Association Inc

Analysis

Olton Volunteer Ambulance Association Inc is a registered charity in United States, based in Olton, TX. It received its IRS tax-exemption ruling in May 2024, 2 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 October 2024, Olton Volunteer Ambulance Association Inc reported income of $419k and spending of $277k, leaving 34% of income unspent that year. Across the 6 years on record, from October 2019 to October 2024, income grew from $201k to $419k (+108%), an average of +16% a year. The sharpest change came in the year to October 2021, when income rose by 129%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Olton Volunteer Ambulance Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Heart Mind Haven ($419k), Zack S Place Enrichment Center Inc ($419k) and Responsible Hospitality Institute ($419k).

On its Form 990 for the period ending October 2024, revenue came from contributions and grants 38% and program service revenue 50% of the total. Other salaries and wages came to $106k. At year end it held assets of $795k against liabilities of $7,906, net assets of $787k. It reported 6 employees.