Fdny Foundation

Analysis

Fdny Foundation is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 1982, 44 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 June 2023, Fdny Foundation reported income of $8.0m and spending of $8.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $8.1m to $8.0m (-1.4%), an average of -0.4% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 94% 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, Fdny Foundation sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Safety Center Inc ($7.9m), Child Safety Network Inc ($8.0m) and National Emergency Number Association Inc ($7.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $232k (2.6% of expenses). Other salaries and wages came to $446k. At year end it held assets of $27.5m against liabilities of $2.7m, net assets of $24.8m. It reported 8 employees.