Bloomfield Township Fire Department Charities Inc

Analysis

Bloomfield Township Fire Department Charities Inc is a registered charity in United States, based in Bloomfld HLS, MI. It received its IRS tax-exemption ruling in January 1998, 28 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, Bloomfield Township Fire Department Charities Inc reported income of $58k and spending of $26k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $43k to $58k (+35%), an average of +7.9% a year. The sharpest change came in the year to December 2022, when income rose by 70%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bloomfield Township Fire Department Charities Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within MI. Charities of a similar size with the same main cause include Jennie Goas Silverman Foundation Inc ($58k), Maine Better Transportation Educational Foundation ($58k) and Staten Island Region-Antique Auto Club of America ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $280k against liabilities of $952, net assets of $279k.