Volunteer Hose Company of Middletown

Analysis

Volunteer Hose Company of Middletown is a registered charity in United States, based in Middletown, DE. It received its IRS tax-exemption ruling in January 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, Volunteer Hose Company of Middletown reported income of $3.7m and spending of $2.7m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.7m (+30%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 83% 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, Volunteer Hose Company of Middletown sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within DE. Charities of a similar size with the same main cause include Waxhaw Community Volunteer Fire Department and Rescue Squad Inc ($3.6m), Fletcher Fire and Rescue Department Inc ($3.7m) and North Amityville Fire Company Inc ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 26% of the total. Other salaries and wages came to $958k. It paid $38k in professional fundraising fees. At year end it held assets of $9.9m against liabilities of $1.3m, net assets of $8.7m. It reported 29 employees.