Laura Taber Barbour Air Safety Foundation
Analysis
Laura Taber Barbour Air Safety Foundation is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in February 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 December 2023, Laura Taber Barbour Air Safety Foundation reported income of $50k and spending of $63k, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.0m to $50k (-95%), an average of -78% a year. The sharpest change came in the year to December 2022, when income dropped by 96%. Over the whole period it spent 16% 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, Laura Taber Barbour Air Safety Foundation sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within DE. Charities of a similar size with the same main cause include North Mountain Volunteer Fire Company ($50k), Lincoln County NC Volunteer Firemens Association Inc ($50k) and Springwater Fire Department Inc ($50k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $1.0m against liabilities of $1,500, net assets of $1.0m.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Other 71%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| North Mountain Volunteer Fire Company | Benton | $50k |
| Lincoln County NC Volunteer Firemens Association Inc | Lincolnton | $50k |
| Springwater Fire Department Inc | Springwater | $50k |
| CSX Employees Disaster Relief Fund Inc | Jacksonville | $50k |