New Windsor Fire & Hose Co 1

Analysis

New Windsor Fire & Hose Co 1 is a registered charity in United States, based in New Windsor, MD. It received its IRS tax-exemption ruling in October 1988, 38 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 June 2023, New Windsor Fire & Hose Co 1 reported income of $1.1m and spending of $985k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.1m (-1.1%), an average of -0.3% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Windsor Fire & Hose Co 1 sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within MD. Charities of a similar size with the same main cause include Nami of Southern Nevada ($1.1m), Boy Scouts of America ($1.1m) and Matthew 25 Incorporated ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 61% and program service revenue 13% of the total. Other salaries and wages came to $380k. At year end it held assets of $2.9m against liabilities of $1,071, net assets of $2.9m. It reported 20 employees.