New Hope Fire Co the

Analysis

New Hope Fire Co the is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in September 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, New Hope Fire Co the reported income of $167k and spending of $233k, spending 140% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $162k to $167k (+3.2%), an average of +0.6% a year. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Hope Fire Co the sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Sons of Confederate Veterans Inc ($167k), Assistance League of Carlsbad Inc ($167k) and Ben Bay Kiwanis Foundation Inc ($167k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $5,725 (2.5% of expenses). Other salaries and wages came to $16k. At year end it held assets of $513k against liabilities of $3,954, net assets of $509k.