Health Care
(E62Z)
990 on File
AMBULANCE SERVICE CORPORATION INC
Financial strength (30%)
65/100
Reliability (20%)
55/100
Effectiveness (25%)
75/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$6.3M
Total Revenue
$6.8M
Total Expenses
$-8,310,694
Net Assets
102
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
93.8%
Fundraising Efficiency
N/A
Operating Reserve
-14.72x
Liability-to-Asset
200.7%
Revenue Diversification
62.9%
Compared with Peers
FY 2023
Compared with 4,434 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
93.8% | 84.9% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.2% | 11.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-14.7 mo | 9.7 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
200.7% | 14.7% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
62.9% | 91.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
9.4% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-2.2% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-8.1% | 1.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $6.3M | $6.8M | $-8,310,694 | 93.8% | 102 |
| 2022 | $5.7M | $6.9M | $-7,802,933 | 94.6% | 91 |
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