Jessup Hose Company No 1

Analysis

Jessup Hose Company No 1 is a registered charity in United States, based in Jessup, PA. It received its IRS tax-exemption ruling in February 2013, 13 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, Jessup Hose Company No 1 reported income of $64k and spending of $52k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $64k (+13%), an average of +13% a year. Over the whole period it spent 73% 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, Jessup Hose Company No 1 sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within PA. Charities of a similar size with the same main cause include Croft Corners Fire Company Inc ($64k), Cassville Volunteer Fire Company ($64k) and Celina Volunteer Fire Department ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $490k against liabilities of $51k, net assets of $439k.