Seward Volunteer Ambulance Corps

Analysis

Seward Volunteer Ambulance Corps is a registered charity in United States, based in Seward, AK. It received its IRS tax-exemption ruling in October 1995, 31 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, Seward Volunteer Ambulance Corps reported income of $181k and spending of $116k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $152k to $181k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Seward Volunteer Ambulance Corps sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 47th percentile within AK. Charities of a similar size with the same main cause include Nevins Community Services Inc ($181k), Center for Women Pregnancy Counseling Services Inc ($181k) and Dare to Dream Ranch Inc ($181k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. At year end it held assets of $837k against liabilities of $2,689, net assets of $835k.