Americus Hose Co

Analysis

Americus Hose Co is a registered charity in United States, based in Sunbury, PA. It received its IRS tax-exemption ruling in August 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Americus Hose Co reported income of $1.9m and spending of $2.2m, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Americus Hose Co 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 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Healthy Americas Foundation ($1.9m), Empowered to Connect Inc ($1.9m) and Wallace County Community Care Center Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.0% and program service revenue 76% of the total. Other salaries and wages came to $990k. At year end it held assets of $3.2m against liabilities of $1.8m, net assets of $1.3m. It reported 61 employees.