Pioneer Hose Company 1

Analysis

Pioneer Hose Company 1 is a registered charity in United States, based in Brick, NJ. It received its IRS tax-exemption ruling in September 1998, 28 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, Pioneer Hose Company 1 reported income of $156k and spending of $195k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $805k to $156k (-81%), an average of -34% a year. The sharpest change came in the year to December 2020, when income dropped by 82%. Over the whole period it spent 61% 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, Pioneer Hose Company 1 sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Lockney Volunteer Fire Department ($156k), Coeymans Hollow Volunteer Fire Corporation ($156k) and Schell Vista Volunteer Firemans Assn ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 32% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.