Illinois Firefighters Association Foundation

Analysis

Illinois Firefighters Association Foundation is a registered charity in United States, based in Glen Carbon, IL. It received its IRS tax-exemption ruling in May 1999, 27 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Firefighters Association Foundation reported income of $102k and spending of $132k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $109k to $102k (-5.7%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 69% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Illinois Firefighters Association Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within IL. Charities of a similar size with the same main cause include Michelle McGann Fund Inc ($102k), Rvwang Community Church ($102k) and Mateo Family Foundation Inc ($102k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 34% of the total. At year end it held assets of $311k against liabilities of $0, net assets of $311k.