New Goshen Fire and Rescue Inc

Analysis

New Goshen Fire and Rescue Inc is a registered charity in United States, based in New Goshen, IN. It received its IRS tax-exemption ruling in December 1998, 28 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, New Goshen Fire and Rescue Inc reported income of $217k and spending of $230k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $217k (-4.1%), an average of -1.0% a year. The sharpest change came in the year to December 2021, when income rose by 108%. Over the whole period it spent 108% 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, New Goshen Fire and Rescue Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Taberg Volunteer Fire Company Inc ($217k), Gap of the Mountain Community Volunteer Fire Department ($218k) and West Hazleton Fire Hose Hook & Ladder Co-1 ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Other salaries and wages came to $65k. At year end it held assets of $536k against liabilities of $0, net assets of $536k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.