Leary Firefighters Foundation

Analysis

Leary Firefighters Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2001, 25 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, Leary Firefighters Foundation reported income of $548k and spending of $1.3m, spending 230% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $568k to $548k (-3.5%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 737%. Over the whole period it spent 81% 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, Leary Firefighters Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within NY. Charities of a similar size with the same main cause include St John Volunteer Fire Dept ($547k), Lewis Township Fire and Rescue ($548k) and International Paper Company Employee Relief Fund ($546k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. It paid $33k in professional fundraising fees. At year end it held assets of $5.7m against liabilities of $718k, net assets of $5.0m.