Utopia Volunteer Emergency Medical Services Inc

Analysis

Utopia Volunteer Emergency Medical Services Inc is a registered charity in United States, based in Utopia, TX. It received its IRS tax-exemption ruling in October 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Utopia Volunteer Emergency Medical Services Inc reported income of $477k and spending of $433k, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $312k to $477k (+53%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 90%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Utopia Volunteer Emergency Medical Services Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Dialysis & Kidney Transplant Fund Inc ($477k), North American Quitline Consortium ($477k) and Grant Park Family Health Center Inc ($476k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $120k (28% of expenses). Other salaries and wages came to $60k. At year end it held assets of $674k against liabilities of $1,061, net assets of $673k. It reported 9 employees.