Connecticut Firefighters Charitable Foundation Inc

Analysis

Connecticut Firefighters Charitable Foundation Inc is a registered charity in United States, based in Newtown, CT. It received its IRS tax-exemption ruling in June 2007, 19 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 December 2023, Connecticut Firefighters Charitable Foundation Inc reported income of $53k and spending of $32k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $53k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 69% 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, Connecticut Firefighters Charitable Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within CT. Charities of a similar size with the same main cause include Shamokin Volunteer Firemans Relief Association ($53k), De Cou Hose Co ($53k) and Canton Volunteer Fire Department ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $72k against liabilities of $444, net assets of $72k.