Hoskins Fire Dept

Analysis

Hoskins Fire Dept is a registered charity in United States, based in Hoskins, NE. It received its IRS tax-exemption ruling in December 1994, 32 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, Hoskins Fire Dept reported income of $73k and spending of $35k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $26k to $73k (+184%), an average of +184% a year. The sharpest change came in the year to December 2023, when income rose by 184%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hoskins Fire Dept sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within NE. Charities of a similar size with the same main cause include Yosemite High School Scholarship Foundation ($73k), T O Rescue ($73k) and Tosa Community Food Pantry Inc ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 67% of the total. At year end it held assets of $245k against liabilities of $0, net assets of $245k.