Highland Hose Company No 1 Inc of Highland New York

Analysis

Highland Hose Company No 1 Inc of Highland New York is a registered charity in United States, based in Highland, NY. It received its IRS tax-exemption ruling in December 2023, 3 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Highland Hose Company No 1 Inc of Highland New York reported income of $79k and spending of $64k, spending 81% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $66k to $79k (+19%), an average of +4.4% a year. The sharpest change came in the year to March 2023, when income rose by 38%. Over the whole period it spent 80% 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, Highland Hose Company No 1 Inc of Highland New York sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Inyo County Sheriffs Inc ($79k), Better Ohio Teen Drivers Inc ($79k) and Lohn Volunteer Fire Department Inc ($79k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 9.8% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.