Libby Volunteer Ambulance Service Inc

Analysis

Libby Volunteer Ambulance Service Inc is a registered charity in United States, based in Libby, MT. It received its IRS tax-exemption ruling in June 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Libby Volunteer Ambulance Service Inc reported income of $295k and spending of $322k, spending 109% of what it took in. Across the 6 years on record, from October 2017 to October 2023, income fell from $562k to $295k (-47%), an average of -12% a year. The sharpest change came in the year to October 2022, when income rose by 88%. Over the whole period it spent 99% 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, Libby Volunteer Ambulance Service Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MT. Charities of a similar size with the same main cause include Fannin County Volunteer Fire & Rescue Inc ($295k), Cheat Lake Volunteer Fire Department Inc ($296k) and Paincourtville Volunteer Fire Department Inc ($295k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $43k. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m. It reported 2 employees.