National Ambucs Inc

Analysis

National Ambucs Inc is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in March 1996, 30 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending May 2024, National Ambucs Inc reported income of $163k and spending of $165k, spending 101% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $73k to $163k (+125%), an average of +22% a year. The sharpest change came in the year to May 2022, when income rose by 152%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Ambucs Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Palos Verdes Intermediate School Booster Club ($163k), Battle Scarred Motorsports ($163k) and Valor Rva Inc ($163k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 83% of the total. At year end it held assets of $208k against liabilities of $146k, net assets of $62k.