Citizens Hose Company of Hammondsport New York Inc

Analysis

Citizens Hose Company of Hammondsport New York Inc is a registered charity in United States, based in Hammondsport, NY. It received its IRS tax-exemption ruling in September 1997, 29 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, Citizens Hose Company of Hammondsport New York Inc reported income of $258k and spending of $212k, spending 82% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $142k to $258k (+82%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 105% 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, Citizens Hose Company of Hammondsport New York Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Indian Creek Volunteer Fire Dept ($258k), West Walworth Volunteer Fire Department Inc ($258k) and North Hopewell-Winterstown Volunteer Fire Co ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 24% of the total. At year end it held assets of $436k against liabilities of $0, net assets of $436k.