Troy Volunteer Ambulance

Analysis

Troy Volunteer Ambulance is a registered charity in United States, based in Troy, MT. It received its IRS tax-exemption ruling in October 2001, 25 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 December 2023, Troy Volunteer Ambulance reported income of $535k and spending of $429k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $564k to $535k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Troy Volunteer Ambulance sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within MT. Charities of a similar size with the same main cause include Renaissance Cancer Foundation ($535k), Center for Medicines in the Publicinterest ($535k) and Bright Spot Network ($535k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $60k (14% of expenses). Other salaries and wages came to $24k. At year end it held assets of $984k against liabilities of $17k, net assets of $967k. It reported 3 employees.