Branchville Hose Company 1

Analysis

Branchville Hose Company 1 is a registered charity in United States, based in Branchville, NJ. It received its IRS tax-exemption ruling in June 2011, 15 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, Branchville Hose Company 1 reported income of $147k and spending of $139k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $125k to $147k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 113% 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, Branchville Hose Company 1 sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 54th percentile within NJ. Charities of a similar size with the same main cause include Cossayuna Volunteer Fire Department Inc ($147k), Eula Volunteer Fire Department ($147k) and Indiana Highway-Rail Grade Crossing and Trespasser Safety Inc ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $2.7m against liabilities of $314k, net assets of $2.3m.