Citizens Hose Co 1 Inc

Analysis

Citizens Hose Co 1 Inc is a registered charity in United States, based in Renovo, PA. It received its IRS tax-exemption ruling in December 1983, 43 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 December 2023, Citizens Hose Co 1 Inc reported income of $621k and spending of $95k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $59k to $621k (+953%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 643%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Citizens Hose Co 1 Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within PA. Charities of a similar size with the same main cause include Augusta Rescue Mission Inc ($621k), Patapsco Heritage Greenway Inc ($621k) and St Annes Foundation ($621k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $2.0m against liabilities of $148k, net assets of $1.8m.