Memphis-Shelby County Law Enforcement Foundation Inc

Analysis

Memphis-Shelby County Law Enforcement Foundation Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in July 2010, 16 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 2024, Memphis-Shelby County Law Enforcement Foundation Inc reported income of $146k and spending of $210k, spending 144% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $107k to $146k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2022, when income rose by 203%. Over the whole period it spent 90% 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, Memphis-Shelby County Law Enforcement Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 47th percentile within TN. Charities of a similar size with the same main cause include Wilson Volunteer Fire Company ($146k), Helena Community Volunteer Fire Department ($146k) and Community Fire Company of Seven Valleys Inc ($145k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $55k (26% of expenses). At year end it held assets of $223k against liabilities of $0, net assets of $223k. It reported 1 employees.