Lamar Ambulance Service Inc

Analysis

Lamar Ambulance Service Inc is a registered charity in United States, based in Vernon, AL. It received its IRS tax-exemption ruling in April 2016, 10 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 September 2023, Lamar Ambulance Service Inc reported income of $1.4m and spending of $1.1m, leaving 20% of income unspent that year. Across the 6 years on record, from September 2018 to September 2023, income grew from $702k to $1.4m (+103%), an average of +15% a year. The sharpest change came in the year to September 2023, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lamar Ambulance Service Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include The Extraordinary Kids Foundation Inc ($1.4m), Recovery Revolution ($1.4m) and The Gordon and Mary Cain Pediatric Neurology Research Foundation ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 91% of the total. Other salaries and wages came to $647k. At year end it held assets of $1.5m against liabilities of $14k, net assets of $1.5m. It reported 24 employees.