Ulster Hose Company 5 Inc

Analysis

Ulster Hose Company 5 Inc is a registered charity in United States, based in Kingston, NY. It received its IRS tax-exemption ruling in December 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ulster Hose Company 5 Inc reported income of $91k and spending of $80k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $96k to $91k (-5.3%), an average of -1.3% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 99% 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, Ulster Hose Company 5 Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Community Fire Co of Pavilion Inc ($91k), Massachusetts Fire District 14 ($91k) and Audubon Fire and Rescue Association Incorporated ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 0.8% of the total. At year end it held assets of $977k against liabilities of $0, net assets of $977k.