Durham Ambulance Inc

Charity Navigator Rating: 82%, Three-Star out of Four Star rating

Durham Ambulance Inc has received an 82% rating from Charity Navigator, which translates to a Three-Star rating. This score reflects the organization’s overall accountability and financial health, indicating that it meets several benchmarks for responsible financial management and transparency.

One of the notable strengths of Durham Ambulance Inc is its 100% independent board, which enhances its governance structure. The organization also excels in its financial practices, boasting a low liabilities to assets ratio of 0.06% and a high program expense ratio of 90.51%. These figures suggest that the majority of its funding is allocated directly to its mission, which is crucial for a nonprofit's effectiveness.

While the organization shows strong performance in terms of accountability and finance, the rating is based solely on the Accountability & Finance beacon, meaning there may be limited insight into other operational aspects. Nonetheless, the absence of material diversion of assets and the documentation of board meeting minutes further solidify its credibility.

This AI summary has been generated from information found on Charity Navigator.

Durham Ambulance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Durham Ambulance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $320,379

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