Empire Hose Company 3 Inc

Analysis

Empire Hose Company 3 Inc is a registered charity in United States, based in Merrick, NY. It received its IRS tax-exemption ruling in March 2017, 9 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 December 2023, Empire Hose Company 3 Inc reported income of $678k and spending of $655k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $681k to $678k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 90% 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, Empire Hose Company 3 Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Monroeville Volunteer Fire Co 1 ($678k), Association of Aquatic Professionals ($679k) and Atrium Health Employee Assistance Inc ($678k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $3,925 (0.6% of expenses). At year end it held assets of $2.8m against liabilities of $67k, net assets of $2.7m.