The Friendship Hose Company No 1 of Newville Pa

Analysis

The Friendship Hose Company No 1 of Newville Pa is a registered charity in United States, based in Newville, PA. It received its IRS tax-exemption ruling in July 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Friendship Hose Company No 1 of Newville Pa reported income of $1.1m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $854k to $1.1m (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 96% 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, The Friendship Hose Company No 1 of Newville Pa 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 Blazing Arrow Hook & Ladder Co ($1.1m), Clay Volunteer Fire Department Inc ($1.1m) and Tafton Fire Company Incorporated ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 65% of the total. Other salaries and wages came to $336k. It paid $51k in professional fundraising fees. At year end it held assets of $4.5m against liabilities of $453k, net assets of $4.1m. It reported 35 employees.