Friends of Tampa Firefighters Inc

Analysis

Friends of Tampa Firefighters Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in September 2012, 14 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends of Tampa Firefighters Inc reported income of $90k and spending of $134k, spending 148% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $258k to $90k (-65%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 66%. Over the whole period it spent 97% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Friends of Tampa Firefighters Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Stonington Volunteer Fire Company ($90k), Durand Fire Relief Association Inc ($90k) and Kalamazoo County Fire Chiefs Association ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 94% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.