Glendale Hose Co No 1

Analysis

Glendale Hose Co No 1 is a registered charity in United States, based in Carnegie, PA. It received its IRS tax-exemption ruling in February 2011, 15 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, Glendale Hose Co No 1 reported income of $237k and spending of $263k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $241k to $237k (-1.5%), an average of -0.4% a year. Over the whole period it spent 91% 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, Glendale Hose Co No 1 sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within PA. Charities of a similar size with the same main cause include Monroe County Rescue Squad ($237k), Pittman Center Community Volunteer Fire Department Inc ($237k) and Creston Firefighters Association ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $1,532. It paid $8,220 in professional fundraising fees. At year end it held assets of $877k against liabilities of $107k, net assets of $771k.