Guardian Hose Company Inc Volunteer Fire Company-86

Analysis

Guardian Hose Company Inc Volunteer Fire Company-86 is a registered charity in United States, based in Thurmont, MD. It received its IRS tax-exemption ruling in April 2020, 6 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Guardian Hose Company Inc Volunteer Fire Company-86 reported income of $327k and spending of $308k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $120k to $327k (+173%), an average of +29% a year. The sharpest change came in the year to June 2020, when income rose by 118%. Over the whole period it spent 80% 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, Guardian Hose Company Inc Volunteer Fire Company-86 sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MD. Charities of a similar size with the same main cause include Millgrove Volunteer Fire Department Inc ($327k), Fox Valley Healthcare Emergency Readiness Coalition Inc ($327k) and Sheriffs and You Foundation Inc Say ($327k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 1.1% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.