Brooks Ambulance Inc

Analysis

Brooks Ambulance Inc is a registered charity in United States, based in Brooks, ME. It received its IRS tax-exemption ruling in June 2019, 7 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 December 2023, Brooks Ambulance Inc reported income of $532k and spending of $457k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $391k to $532k (+36%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brooks Ambulance Inc 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 67th percentile within ME. Charities of a similar size with the same main cause include Center for Vascular Awareness Inc ($532k), American Surgical Association Foundation ($532k) and Divine Steps Inc ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $118k (26% of expenses). Other salaries and wages came to $86k. At year end it held assets of $579k against liabilities of $831, net assets of $579k. It reported 28 employees.