Glen Rock Hose & Ladder Co Equipment Fund

Analysis

Glen Rock Hose & Ladder Co Equipment Fund is a registered charity in United States, based in Glen Rock, PA. It received its IRS tax-exemption ruling in March 1994, 32 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, Glen Rock Hose & Ladder Co Equipment Fund reported income of $348k and spending of $248k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $308k to $348k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Glen Rock Hose & Ladder Co Equipment Fund sits at the 63rd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 62nd percentile within PA. Charities of a similar size with the same main cause include One Voice Mixed Chorus ($348k), National Guard Educational Foundation ($348k) and YWCA Alaska ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. It paid $6,959 in professional fundraising fees. At year end it held assets of $1.7m against liabilities of $179k, net assets of $1.5m.