Washington Hose and Steam Fire Engine Co No 1 of Conshohocken

Analysis

Washington Hose and Steam Fire Engine Co No 1 of Conshohocken is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in June 2020, 6 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, Washington Hose and Steam Fire Engine Co No 1 of Conshohocken reported income of $81k and spending of $122k, spending 150% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $134k to $81k (-39%), an average of -9.6% a year. The sharpest change came in the year to December 2021, when income rose by 2477%. Over the whole period it spent 48% 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, Washington Hose and Steam Fire Engine Co No 1 of Conshohocken sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include Cokeburg Volunteer Fire Company Inc ($81k), Cumberland Volunteer Fire Department ($81k) and Peekskill Fire Department ($81k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 65% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.

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.