Eagle Fire Engine and Hose Company Number 1 2 3

Analysis

Eagle Fire Engine and Hose Company Number 1 2 3 is a registered charity in United States, based in Gilbertsville, NY. It received its IRS tax-exemption ruling in February 2018, 8 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, Eagle Fire Engine and Hose Company Number 1 2 3 reported income of $161k and spending of $201k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $168k to $161k (-4.3%), an average of -1.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 102% 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, Eagle Fire Engine and Hose Company Number 1 2 3 sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Hastings Volunteer Fire Dept Inc ($160k), Denver Volunteer Fire Association ($161k) and English Fire Department Inc ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $400 (0.2% of expenses). At year end it held assets of $645k against liabilities of $0, net assets of $645k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.