Owego Hose Teams

Analysis

Owego Hose Teams is a registered charity in United States, based in Owego, NY. It received its IRS tax-exemption ruling in March 2016, 10 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, Owego Hose Teams reported income of $142k and spending of $127k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $149k to $142k (-4.8%), an average of -4.8% a year. Over the whole period it spent 84% 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, Owego Hose Teams sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Canajoharie Volunteer Firefighters Inc ($142k), Associated Conservation Clubs of Trempealeau County Inc ($142k) and Saltsville Volunteer Fire Dept Inc ($142k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.