Monroe Hose Co

Analysis

Monroe Hose Co is a registered charity in United States, based in Monroeton, PA. It received its IRS tax-exemption ruling in July 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 2023, Monroe Hose Co reported income of $123k and spending of $103k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $123k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 93% 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, Monroe Hose Co sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within PA. Charities of a similar size with the same main cause include West Ghent Vol Fire Co Inc ($123k), Dover Township Volunteer Fire Department ($123k) and Hundred Club of Genesee Shiawassee & Lapeer Counties Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $146k against liabilities of $0, net assets of $146k.