Foundation of Firelands

Analysis

Foundation of Firelands is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in April 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation of Firelands reported income of $1.9m and spending of $490k, leaving 74% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income fell from $2.2m to $1.9m (-16%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 139%. Over the whole period it spent 18% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation of Firelands sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within OH. Charities of a similar size with the same main cause include WF Bruen Emergency Squad Inc ($1.9m), The Familiescn2a Foundation Inc ($1.9m) and Missouri Immunization Coalition ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% of the total. At year end it held assets of $45.1m against liabilities of $987k, net assets of $44.1m.