Stanley Hose Company Inc

Analysis

Stanley Hose Company Inc is a registered charity in United States, based in Sherman, NY. It received its IRS tax-exemption ruling in April 1999, 27 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, Stanley Hose Company Inc reported income of $637k and spending of $164k, leaving 74% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $193k to $637k (+230%), an average of +35% a year. The sharpest change came in the year to December 2020, when income rose by 59%. Over the whole period it spent 58% 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, Stanley Hose Company Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Maugansville Goodwill Volunteer Fire Company ($637k), Happy Trails Riding Academy ($638k) and Enterprise Fire Company No 1 of Phoenix Ny ($635k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 31% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.