Citizens Hose Company No 1

Analysis

Citizens Hose Company No 1 is a registered charity in United States, based in Smyrna, DE. It received its IRS tax-exemption ruling in January 1991, 35 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, Citizens Hose Company No 1 reported income of $1.0m and spending of $864k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $938k to $1.0m (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 72% 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, Citizens Hose Company No 1 sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within DE. Charities of a similar size with the same main cause include Osolo Emergency Medical Services ($1.0m), Zimmerman Fire Department Relief Association ($1.0m) and Franklinville Fire Protection Assn Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $6.8m against liabilities of $2.1m, net assets of $4.7m.