Washington Hose Co No 1

Analysis

Washington Hose Co No 1 is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in November 1995, 31 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, Washington Hose Co No 1 reported income of $1.2m and spending of $1.7m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.2m (-19%), an average of -5.1% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. 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, Washington Hose Co No 1 sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within PA. Charities of a similar size with the same main cause include First Responder Center for Excellence for Reducing Occupation ($1.2m), Protective Co No1 of the Fairmount Fire Dept Inc ($1.2m) and Keep Oregon Green Association ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 96% of the total. Other salaries and wages came to $683k. At year end it held assets of $813k against liabilities of $424k, net assets of $389k. It reported 53 employees.