Annandale Volunteer Hose Company No 1 Inc

Analysis

Annandale Volunteer Hose Company No 1 Inc is a registered charity in United States, based in Annandale, NJ. It received its IRS tax-exemption ruling in November 1991, 35 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, Annandale Volunteer Hose Company No 1 Inc reported income of $70k and spending of $91k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $70k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. 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, Annandale Volunteer Hose Company No 1 Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Inter Tribal Long Term Recovery Foundation ($70k), Hickory Corners & Community Fire Co ($70k) and Rutherford Volunteer Fire Department Fund Drive ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.