North Granville Hose Company Inc

Analysis

North Granville Hose Company Inc is a registered charity in United States, based in N Granville, NY. It received its IRS tax-exemption ruling in November 2022, 4 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, North Granville Hose Company Inc reported income of $125k and spending of $116k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $158k to $125k (-21%), an average of -7.6% a year. The sharpest change came in the year to December 2022, when income dropped by 19%. Over the whole period it spent 74% 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, North Granville Hose Company Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include Marcus Fire Department Inc ($125k), Mount Storm Volunteer Fire Coinc ($125k) and Pound Ridge Volunteer & Exempt Firemens Benevolent Association ($125k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 26% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $6,000 (5.2% of expenses). At year end it held assets of $778k against liabilities of $335k, net assets of $444k.