Old Forge Hose & Engine Company

Analysis

Old Forge Hose & Engine Company is a registered charity in United States, based in Old Forge, PA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. 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, Old Forge Hose & Engine Company reported income of $53k and spending of $69k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $53k (+29%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Old Forge Hose & Engine Company sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within PA. Charities of a similar size with the same main cause include Dawgpatch Bandits Inc ($53k), PTA California Congress of Parents Teachers & Students Inc ($53k) and Whippany Fire Company ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 26% of the total. At year end it held assets of $251k against liabilities of $10k, net assets of $241k.