Joshua Collingsworth Memorial Foundation

Analysis

Joshua Collingsworth Memorial Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 2008, 18 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, Joshua Collingsworth Memorial Foundation reported income of $623k and spending of $500k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $505k to $623k (+23%), an average of +5.4% a year. The sharpest change came in the year to December 2022, when income rose by 79%. Over the whole period it spent 83% 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, Joshua Collingsworth Memorial Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NE. Charities of a similar size with the same main cause include West Whiteland Fire Company Inc ($622k), Oak Grove Volunteer Fire Dept Inc ($623k) and Center Rural Volunteer Fire & Rescue Department Inc ($622k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 68% of the total. Other salaries and wages came to $27k. At year end it held assets of $625k against liabilities of $34k, net assets of $591k. It reported 2 employees.