Charlotte Regional Fire Foundation

Analysis

Charlotte Regional Fire Foundation is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Charlotte Regional Fire Foundation reported income of $146k and spending of $54k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $146k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 56% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Charlotte Regional Fire Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include Saint Johns Episcopal School Teachers Endowment Fund ($146k), Manasquan Turkey Run Inc ($146k) and Grants Guardians ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 35% of the total. At year end it held assets of $190k against liabilities of $0, net assets of $190k.