Innes Hose Company

Analysis

Innes Hose Company is a registered charity in United States, based in Canton, PA. It received its IRS tax-exemption ruling in February 1998, 28 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, Innes Hose Company reported income of $289k and spending of $344k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $587k to $289k (-51%), an average of -16% a year. The sharpest change came in the year to December 2022, when income dropped by 60%. Over the whole period it spent 96% 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, Innes Hose Company sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Pennington Fire Company ($289k), South Williamsport Fire Department ($289k) and Cascadia Region Earthquake Workgrou P ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 69% of the total. At year end it held assets of $837k against liabilities of $308k, net assets of $529k.