Illinois Fire Chiefs Association Educational & Research Foundation

Analysis

Illinois Fire Chiefs Association Educational & Research Foundation is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in January 1980, 46 years ago. 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, Illinois Fire Chiefs Association Educational & Research Foundation reported income of $612k and spending of $495k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $612k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Fire Chiefs Association Educational & Research Foundation 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 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Venice Japanese Community Center ($612k), Finger Lakes Regional Emergency Medical Services Council Inc ($612k) and Leadingage Ohio Foundation ($612k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 64% of the total. Other salaries and wages came to $82k. At year end it held assets of $1.2m against liabilities of $334k, net assets of $823k.