Millbrook Engine & Hook & Ladde Company 1

Analysis

Millbrook Engine & Hook & Ladde Company 1 is a registered charity in United States, based in Millbrook, NY. It received its IRS tax-exemption ruling in July 2008, 18 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, Millbrook Engine & Hook & Ladde Company 1 reported income of $233k and spending of $107k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $184k to $233k (+27%), an average of +6.1% a year. The sharpest change came in the year to December 2021, when income rose by 66%. 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, Millbrook Engine & Hook & Ladde Company 1 sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Capracare Inc ($233k), New Centerville and Rural Volunteer Fire Company ($233k) and Pine Ridge Volunteer Fire Department Incorporated ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. At year end it held assets of $1.2m against liabilities of $3,978, net assets of $1.2m.