Jessup Hose Company Number Two

Analysis

Jessup Hose Company Number Two is a registered charity in United States, based in Jessup, PA. It received its IRS tax-exemption ruling in August 1991, 35 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 Number Two reported income of $239k and spending of $476k, spending 199% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $255k to $239k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 137% 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 Number Two sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include US Venture Associates Caring Together Fund Inc ($239k), Northville Volunteer Fire Department ($239k) and Logan Township United Fire Department ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $1.2m against liabilities of $104k, net assets of $1.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.