Forum of Incident Response and Security Teams

Analysis

Forum of Incident Response and Security Teams is a registered charity in United States, based in Cary, NC. It received its IRS tax-exemption ruling in February 2015, 11 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, Forum of Incident Response and Security Teams reported income of $3.2m and spending of $3.7m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.2m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2022, when income rose by 100%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Forum of Incident Response and Security Teams sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Central Michigan University Research Corporation ($3.2m), Metropolitan Andrey Sheptytsky Institute Foundation ($3.2m) and Petra Academy Inc ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $229k (6.1% of expenses). Other salaries and wages came to $385k. At year end it held assets of $2.5m against liabilities of $800k, net assets of $1.7m. It reported 1 employees.