Massachusettes Fallen Fire Fighters Memorial Fund Inc

Analysis

Massachusettes Fallen Fire Fighters Memorial Fund Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Massachusettes Fallen Fire Fighters Memorial Fund Inc reported income of $185k and spending of $93k, leaving 50% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $193k to $185k (-4.2%), an average of -1.1% a year. The sharpest change came in the year to June 2020, when income rose by 22%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Massachusettes Fallen Fire Fighters Memorial Fund Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Christian Youth Theater Tucson ($185k), Global Health for Humanity ($185k) and 307 Dance Academy ($185k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $1.5m against liabilities of $5,535, net assets of $1.5m.