The Roslyn Highlands Hook & Ladder Engine & Hose Company

Analysis

The Roslyn Highlands Hook & Ladder Engine & Hose Company is a registered charity in United States, based in Roslyn HTS, NY. It received its IRS tax-exemption ruling in December 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Roslyn Highlands Hook & Ladder Engine & Hose Company reported income of $2.2m and spending of $2.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $2.2m (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Roslyn Highlands Hook & Ladder Engine & Hose Company sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Big Brothers Big Sisters Mountain Region ($2.2m), Tribe Media Corp ($2.2m) and Center for Prevention Services ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $62k (3.0% of expenses). Other salaries and wages came to $99k. At year end it held assets of $11.1m against liabilities of $6.1m, net assets of $5.0m. It reported 3 employees.