Good Will Hose Company No 1 of Frackville Pa

Analysis

Good Will Hose Company No 1 of Frackville Pa is a registered charity in United States, based in Frackville, PA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. 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, Good Will Hose Company No 1 of Frackville Pa reported income of $83k and spending of $120k, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $83k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to December 2020, when income rose by 80%. Over the whole period it spent 126% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Good Will Hose Company No 1 of Frackville Pa sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within PA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($83k), Fbi National Academy Associates Inc ($83k) and Atlantic Wind Symphony Inc ($83k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 4.3% of the total. It paid $2,485 in professional fundraising fees. At year end it held assets of $514k against liabilities of $93k, net assets of $421k.

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.