Boca Raton Firefighters & Paramedics Benevolent Fund

Analysis

Boca Raton Firefighters & Paramedics Benevolent Fund is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in February 2003, 23 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 2022, Boca Raton Firefighters & Paramedics Benevolent Fund reported income of $168k and spending of $170k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2022, income fell from $237k to $168k (-29%), an average of -16% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 77% 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, Boca Raton Firefighters & Paramedics Benevolent Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Straight Mountain Fire Department ($168k), Summit Township Volunteer Fire Department Inc ($168k) and Indian Mills Volunteer Fire Co ($168k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 45% of the total. At year end it held assets of $384k against liabilities of $0, net assets of $384k.