Fair Play Fire Engine and Hose Company No 1

Analysis

Fair Play Fire Engine and Hose Company No 1 is a registered charity in United States, based in Madison, IN. It received its IRS tax-exemption ruling in April 1992, 34 years ago. 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, Fair Play Fire Engine and Hose Company No 1 reported income of $94k and spending of $53k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $71k to $94k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 52%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fair Play Fire Engine and Hose Company No 1 sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IN. Charities of a similar size with the same main cause include Charlottesville High School Band Boosters ($94k), Spencer County Fair Inc ($94k) and Charles Toonie Cash Evangelistic Association ($94k).

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 $891k against liabilities of $0, net assets of $891k.