Water Witch Hose Company No 2 of New Milford

Analysis

Water Witch Hose Company No 2 of New Milford is a registered charity in United States, based in New Milford, CT. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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 November 2023, Water Witch Hose Company No 2 of New Milford reported income of $446k and spending of $294k, leaving 34% of income unspent that year. Across the 5 years on record, from November 2019 to November 2023, income fell from $1.3m to $446k (-67%), an average of -24% a year. The sharpest change came in the year to November 2020, when income dropped by 86%. Over the whole period it spent 58% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Water Witch Hose Company No 2 of New Milford sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Middletown Volunteer Fire Company ($446k), Northern Kentucky Emergency Medical Services Inc ($446k) and Centralia-Peosta Community Fire Department ($445k).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.4m against liabilities of $400, net assets of $1.4m.