Terry Farrell Firefighters Fund of Co Inc

Analysis

Terry Farrell Firefighters Fund of Co Inc is a registered charity in United States, based in Laporte, CO. It received its IRS tax-exemption ruling in November 2013, 13 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 (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, Terry Farrell Firefighters Fund of Co Inc reported income of $108k and spending of $83k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $33k to $108k (+229%), an average of +229% a year. The sharpest change came in the year to December 2023, when income rose by 229%. Over the whole period it spent 81% 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, Terry Farrell Firefighters Fund of Co Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Chowchilla Volunteer Fire Department Inc ($108k), Papa Johns Disaster Relief Fund Inc ($109k) and Mono County Sheriff Search & Rescue ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.