Doyle Volunteer Hose Company

Analysis

Doyle Volunteer Hose Company is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Doyle Volunteer Hose Company reported income of $193k and spending of $148k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $193k (+57%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 79% 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, Doyle Volunteer Hose Company sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Belfry Volunteer Fire Dept Ltd ($193k), Fort Covington Ems Inc ($193k) and East Syracuse Fire Department Inc ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% of the total. Compensation of current officers, directors and key employees was $9,600 (6.5% of expenses). At year end it held assets of $227k against liabilities of $0, net assets of $227k.