National Fallen Firefighters Foundation

Analysis

National Fallen Firefighters Foundation is a registered charity in United States, based in Emmitsburg, MD. It received its IRS tax-exemption ruling in January 1995, 31 years ago. 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, National Fallen Firefighters Foundation reported income of $9.8m and spending of $9.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.3m to $9.8m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Fallen Firefighters Foundation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within MD. Charities of a similar size with the same main cause include Portsmouth Christian Academy ($9.8m), Warren Center Inc ($9.8m) and Neighborhood Lending Partners Inc ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 8.6% of the total. Compensation of current officers, directors and key employees was $673k (7.4% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $13.9m against liabilities of $948k, net assets of $13.0m. It reported 31 employees.