Willing Volunteer Hose Co 1

Analysis

Willing Volunteer Hose Co 1 is a registered charity in United States, based in Wellsville, NY. It received its IRS tax-exemption ruling in July 2014, 12 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 2022, Willing Volunteer Hose Co 1 reported income of $105k and spending of $133k, spending 126% of what it took in. Across the 2 years on record, from December 2019 to December 2022, income grew from $89k to $105k (+19%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 117% 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, Willing Volunteer Hose Co 1 sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Anne Arundel Alarmers Association Inc ($105k), The Bunker Hill Fire Company ($105k) and Broadmoor Information and Security Foundation ($105k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 19% and program service revenue 68% of the total. At year end it held assets of $368k against liabilities of $113k, net assets of $255k.