Firecracker Foundation

Analysis

Firecracker Foundation is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Firecracker Foundation reported income of $255k and spending of $256k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $349k to $255k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Firecracker Foundation sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include St Pauls Corporation ($255k), New Perspectives Center for Counseling ($256k) and Cullman Re-Entry Addiction Assistance Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.0% of the total. Compensation of current officers, directors and key employees was $184k (72% of expenses). At year end it held assets of $32k against liabilities of $9,999, net assets of $22k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.