Fireworkd Foundation Inc

Analysis

Fireworkd Foundation Inc is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in January 2003, 23 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, Fireworkd Foundation Inc reported income of $307k and spending of $24k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $349k to $307k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income rose by 625%. Over the whole period it spent 14% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Fireworkd Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include Habele Outer Island Education Fund ($307k), Sandy-Mesquite Valley Educational Foundation ($307k) and West Ranch High School Band Boosters ($307k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.