Nesquehoning Hose Company 1

Analysis

Nesquehoning Hose Company 1 is a registered charity in United States, based in Nesquehoning, PA. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nesquehoning Hose Company 1 reported income of $170k and spending of $158k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $141k to $170k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 189% 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, Nesquehoning Hose Company 1 sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within PA. Charities of a similar size with the same main cause include Ogden Fire Company No 1 ($170k), Collegium Ramazzini Inc ($170k) and Orange County Fire Authority Foundation ($170k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $437k against liabilities of $323k, net assets of $114k.