Hampton Bays Volunteer Ambulance Corps
Hampton Bays Volunteer Ambulance Corps maintains stable finances with decreasing liabilities and no reported officer compensation.
EIN: 113395506 · Hampton Bays, NY · NTEE: E620 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.3M |
| Program Spending | 90% |
| Net Assets | $1.6M |
| Transparency Score | 92/100 |
Is Hampton Bays Volunteer Ambulance Corps Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hampton Bays Volunteer Ambulance Corps directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hampton Bays Volunteer Ambulance Corps
Hampton Bays Volunteer Ambulance Corps (EIN: 113395506) is a nonprofit organization based in Hampton Bays, NY, classified under NTEE code E620. The organization reported total revenue of $1.9M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hampton Bays Volunteer Ambulance Corps's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hampton Bays Volunteer Ambulance Corps is a mid-size nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-16,704 |
| Total Assets | $1.8M |
| Total Liabilities | $115K |
| Net Assets | $1.6M |
| Operating Margin | -1.3% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 15.6 months |
Financial Health Grade: B
In 2023, Hampton Bays Volunteer Ambulance Corps reported a deficit of $17K with expenses exceeding revenue, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hampton Bays Volunteer Ambulance Corps's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +8.1% | -8.0% |
| 2022 | +7.5% | +10.8% | -7.0% |
| 2021 | -1.4% | +6.3% | -3.1% |
| 2020 | +1.3% | -2.7% | -0.5% |
| 2019 | +3.6% | -0.8% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 6000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hampton Bays Volunteer Ambulance Corps with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Hampton Bays Volunteer Ambulance Corps allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are volunteers, which is highly commendable for a nonprofit of this size and mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Hampton Bays Volunteer Ambulance Corps:
- No reported officer compensation across all filings, indicating strong volunteer leadership.
- Significant reduction in liabilities over the past decade, from $1,147,347 in 2014 to $115,404 in 2023.
- Consistent revenue generation and stable asset base, with assets consistently above $1.7 million.
- Clear mission focus as an ambulance and emergency medical service provider (NTEE E620).
Frequently Asked Questions about Hampton Bays Volunteer Ambulance Corps
Is Hampton Bays Volunteer Ambulance Corps a legitimate charity?
Based on AI analysis of IRS 990 filings, Hampton Bays Volunteer Ambulance Corps (EIN: 113395506) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Hampton Bays Volunteer Ambulance Corps spend its money?
Hampton Bays Volunteer Ambulance Corps directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hampton Bays Volunteer Ambulance Corps tax-deductible?
Hampton Bays Volunteer Ambulance Corps is registered as a tax-exempt nonprofit (EIN: 113395506). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hampton Bays Volunteer Ambulance Corps's spending goes to programs?
Hampton Bays Volunteer Ambulance Corps directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hampton Bays Volunteer Ambulance Corps compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Hampton Bays Volunteer Ambulance Corps is above average for NTEE category E620 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hampton Bays Volunteer Ambulance Corps located?
Hampton Bays Volunteer Ambulance Corps is headquartered in Hampton Bays, New York and files with the IRS under EIN 113395506. It is classified under NTEE code E620.
How many years of IRS 990 filings does Hampton Bays Volunteer Ambulance Corps have?
Hampton Bays Volunteer Ambulance Corps has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
Is Hampton Bays Volunteer Ambulance Corps a good charity?
Based on the provided data, Hampton Bays Volunteer Ambulance Corps appears to be a very good charity. It demonstrates strong financial stability, efficient use of funds with no reported officer compensation, and a clear focus on its mission as evidenced by its NTEE code (E620 - Ambulance & Emergency Medical Services).
How has the organization's financial health changed over the last decade?
Over the last decade, the organization's financial health has improved significantly, particularly in reducing its liabilities from over $1.1 million in 2014 to just over $115,000 in 2023. Assets have remained strong, consistently above $1.7 million, while revenues and expenses have shown steady growth, indicating stable operations.
What is the trend in the organization's assets and liabilities?
Assets have remained relatively stable, fluctuating around $2 million, with the latest reported at $2,017,400. Liabilities have shown a very positive downward trend, decreasing substantially from $1,147,347 in 2014 to $115,404 in 2023, indicating a significant reduction in debt.
Filing History
IRS 990 filing history for Hampton Bays Volunteer Ambulance Corps showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hampton Bays Volunteer Ambulance Corps's revenue has grown by 40.3%, moving from $950K to $1.3M. Total assets decreased by 14.9% over the same period, from $2.1M to $1.8M. Total functional expenses rose by 60.1%, from $842K to $1.3M. In its most recent filing year (2023), Hampton Bays Volunteer Ambulance Corps reported a deficit of $17K, with expenses exceeding revenue. The organization holds $115K in liabilities against $1.8M in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $1.8M | $115K | — | — |
| 2022 | $1.3M | $1.2M | $1.9M | $251K | — | View 990 |
| 2021 | $1.2M | $1.1M | $2.1M | $381K | — | View 990 |
| 2020 | $1.2M | $1.1M | $2.1M | $534K | — | View 990 |
| 2019 | $1.2M | $1.1M | $2.1M | $683K | — | View 990 |
| 2018 | $1.2M | $1.1M | $2.2M | $892K | — | View 990 |
| 2017 | $1.2M | $1.0M | $2.1M | $850K | — | — |
| 2016 | $1.1M | $1.0M | $2.1M | $956K | — | View 990 |
| 2015 | $1.1M | $994K | $2.0M | $1.1M | — | View 990 |
| 2014 | $1.1M | $1.0M | $2.0M | $1.1M | — | View 990 |
| 2013 | $1.1M | $1.0M | $2.0M | $1.2M | — | View 990 |
| 2012 | $1.0M | $947K | $2.0M | $1.3M | — | View 990 |
| 2011 | $950K | $842K | $2.1M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $1.8M (revenue +2.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $1.9M (revenue +7.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $2.1M (revenue -1.4% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $2.1M (revenue +1.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $2.1M (revenue +3.6% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $2.2M (revenue +1.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.0M, and assets of $2.1M (revenue +1.0% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.0M, and assets of $2.1M (revenue +0.1% year-over-year).
- 2015: Revenue of $1.1M, expenses of $994K, and assets of $2.0M (revenue +3.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $2.0M (revenue +1.6% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.0M, and assets of $2.0M (revenue +6.8% year-over-year).
- 2012: Revenue of $1.0M, expenses of $947K, and assets of $2.0M (revenue +7.4% year-over-year).
- 2011: Revenue of $950K, expenses of $842K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hampton Bays Volunteer Ambulance Corps:
Data Sources and Methodology
This transparency report for Hampton Bays Volunteer Ambulance Corps is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.