Thompson Hose Co

Analysis

Thompson Hose Co is a registered charity in United States, based in Thompson, PA. It received its IRS tax-exemption ruling in December 2011, 15 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, Thompson Hose Co reported income of $454k and spending of $414k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $460k to $454k (-1.4%), an average of -0.3% a year. The sharpest change came in the year to December 2022, when income rose by 48%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Thompson Hose Co sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include Karuna Counseling Inc ($454k), Childrens House at Johns Hopkins Hospital Inc ($454k) and Westhaven Inc ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 67% of the total. It paid $5,255 in professional fundraising fees. At year end it held assets of $1.8m against liabilities of $787k, net assets of $983k.