Independent Hose Company-1
501(c)(4) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Independent Hose Company-1 is a 501(c)(4) organization based in Frederick, Maryland, registered in 1942, with $1,257,157 in FY2024 revenue. CharityIndex grades it B.
310 Baughmans Ln, Frederick, MD, 21702 EIN 52-0363394 Since 1942
Revenue (FY2024)
$1.3M
▲ 28.0% vs prior year
Expenses (FY2024)
$774K
Net assets
$3.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Independent Hose Company-1— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating46 mo reserves · +38% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Independent Hose Company-1: 46 mo reserves · +38% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Independent Hose Company-1— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Independent Hose Company-1: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $469K (FY2015) to $1.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $539KNet assets $3.0M
Operating margin
38.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.5M
Total liabilities
$539K
Net assets
$3.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,257,157▲28.0% | $773,810▼15.7% | $2,973,930▲19.4% | $3,512,826▼3.3% | 990 |
| 2023 | $982,047▲11.6% | $917,637▲24.4% | $2,490,583▲2.7% | $3,632,753▲49.7% | 990 |
| 2022 | $880,171▲1.5% | $737,575▲56.7% | $2,426,173▲6.2% | $2,427,096▲6.3% | 990 |
| 2021 | $867,545▲15.7% | $470,738▼8.9% | $2,283,577▲21.0% | $2,283,975▲12.4% | 990 |
| 2020 | $749,899▼8.2% | $516,963▲11.0% | $1,886,770▲14.1% | $2,031,469▲12.8% | 990 |
| 2019 | $817,260▲46.1% | $465,868▲9.2% | $1,653,834▲27.0% | $1,800,499▲33.1% | 990 |
| 2018 | $559,199▼1.0% | $426,762▼8.5% | $1,302,442▲11.3% | $1,352,442▲15.6% | 990 |
| 2017 | $565,035▲11.6% | $466,402▲2.7% | $1,170,005▲9.2% | $1,170,005▲2.1% | 990 |
| 2016 | $506,199▲8.0% | $454,109▲0.8% | $1,071,372▲5.1% | $1,145,450▼1.3% | 990 |
| 2015 | $468,917 | $450,423 | $1,019,282 | $1,161,071 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Independent Hose Company-1 a legitimate nonprofit?
- Yes. Independent Hose Company-1 is a 501(c)(4) organization registered with the U.S. Internal Revenue Service under EIN 52-0363394, based in Frederick, Maryland. Donations are tax-deductible.
- What is Independent Hose Company-1's EIN?
- Independent Hose Company-1's Employer Identification Number (EIN) is 52-0363394.
- How much revenue does Independent Hose Company-1 report?
- Independent Hose Company-1 reported $1,257,157 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Independent Hose Company-1 have?
- CharityIndex grades Independent Hose Company-1 B, based on financial health (reserves and operating margin).
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Data for Independent Hose Company-1 (EIN 52-0363394) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.