The Cantor Fitzgerald Relief Fund

Analysis

The Cantor Fitzgerald Relief Fund is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Cantor Fitzgerald Relief Fund reported income of $8.7m and spending of $9.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $8.7m (+138%), an average of +24% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 109% 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, The Cantor Fitzgerald Relief Fund 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 New Orleans Community Support Foundation ($8.6m), North Chatham Volunteer Fire Department Inc ($8.8m) and Lebanon Fire Department First Aid and Safety Patrol ($8.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $23.3m against liabilities of $961k, net assets of $22.3m.