Rescue Hose & Ladder Company

Analysis

Rescue Hose & Ladder Company is a registered charity in United States, based in Curwensville, PA. It received its IRS tax-exemption ruling in June 2014, 12 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 2022, Rescue Hose & Ladder Company reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $801k to $1.0m (+30%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 94% 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, Rescue Hose & Ladder Company sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Mariposa County Fire Safe Council Inc ($1.0m), Turfmutt Foundation Inc ($1.0m) and White Marsh Volunteer Fire Company Inc ($1.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 30% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $148k (14% of expenses). Other salaries and wages came to $351k. At year end it held assets of $571k against liabilities of $125k, net assets of $446k. It reported 45 employees.