New Hope Eagle Fire Co

Analysis

New Hope Eagle Fire Co is a registered charity in United States, based in New Hope, PA. It received its IRS tax-exemption ruling in June 2008, 18 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, New Hope Eagle Fire Co reported income of $1.0m and spending of $844k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $811k to $1.0m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 88% 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, New Hope Eagle Fire Co sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Institute for Drivers Safety ($1.0m), Friends of Colorado Avalanche Information Center ($1.0m) and Churches of Christ Disaster Response Team ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $60k. At year end it held assets of $4.8m against liabilities of $425k, net assets of $4.3m. It reported 34 employees.