Memphis Fire Fighters Association Foundation

Analysis

Memphis Fire Fighters Association Foundation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in August 2014, 12 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 September 2023, Memphis Fire Fighters Association Foundation reported income of $83k and spending of $67k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $151k to $83k (-45%), an average of -14% a year. The sharpest change came in the year to September 2021, when income rose by 59%. Over the whole period it spent 88% 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, Memphis Fire Fighters Association Foundation sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include McMahan Volunteer Fire Department ($83k), Lorton Volunteer Fire Department and Rescue Squad ($83k) and Conemaugh Township Fire Company ($83k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.