Irving Fire Foundation Inc

Analysis

Irving Fire Foundation Inc is a registered charity in United States, based in Denton, TX. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Irving Fire Foundation Inc reported income of $81k and spending of $59k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $23k to $81k (+253%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 303%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Irving Fire Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Waco Community School Foundation ($81k), Atlee High School Athletic Booster Club Inc ($81k) and Anoka High School Dance Team Booster Club ($81k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $816k against liabilities of $0, net assets of $816k.