Echo Hose Hook and Ladder Ambulance Corps Inc

Analysis

Echo Hose Hook and Ladder Ambulance Corps Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in March 1967, 59 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 April 2024, Echo Hose Hook and Ladder Ambulance Corps Inc reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $2.1m to $3.4m (+61%), an average of +13% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Echo Hose Hook and Ladder Ambulance Corps Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include North Texas State Fair Association ($3.4m), University Nursery School ($3.4m) and Washington County Handicapped Services ($3.4m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $140k (4.4% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $1.5m against liabilities of $639k, net assets of $882k. It reported 104 employees.