Reliance Hose Co No 1

Analysis

Reliance Hose Co No 1 is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in August 2021, 5 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, Reliance Hose Co No 1 reported income of $138k and spending of $141k, spending 102% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $77k to $138k (+79%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 79% 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, Reliance Hose Co No 1 sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within PA. Charities of a similar size with the same main cause include North Braddock Volunteer Fire Deptartment Inc ($138k), Duval District Volunteer Fire Department Inc ($139k) and Prospect Terrace Fire Company Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. It paid $7,745 in professional fundraising fees. At year end it held assets of $332k against liabilities of $0, net assets of $332k.