Lieutenant Joseph P Dibernardo Memorial Foundation

Analysis

Lieutenant Joseph P Dibernardo Memorial Foundation is a registered charity in United States, based in Miller Place, NY. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lieutenant Joseph P Dibernardo Memorial Foundation reported income of $334k and spending of $310k, spending 93% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $200k to $334k (+67%), an average of +29% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 90% 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, Lieutenant Joseph P Dibernardo Memorial Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Ponder Volunteer Fire Department Inc ($334k), Washington TWP Volunteer Fire Co ($334k) and Thetford Volunteer Fire Department Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 65% of the total. At year end it held assets of $265k against liabilities of $2,728, net assets of $262k.