Salem Fire Foundation

Analysis

Salem Fire Foundation is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in April 2015, 11 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, Salem Fire Foundation reported income of $180k and spending of $115k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $154k to $180k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 68% 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, Salem Fire Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within OR. Charities of a similar size with the same main cause include Boiling Springs Volunteer Fire Dept & Rescue Squad ($180k), Mount Kisco Volunteer Fire Department ($180k) and Bleiblerville Volunteer Fire Department ($179k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $346k against liabilities of $64k, net assets of $282k.