Durham Firemens Supplemental Retirement System

Analysis

Durham Firemens Supplemental Retirement System is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in March 1953, 73 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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 June 2024, Durham Firemens Supplemental Retirement System reported income of $297k and spending of $259k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $214k to $297k (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2024, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Durham Firemens Supplemental Retirement System sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Kansas Association of Local Health Departments ($297k), LA Romita School of Art Inc ($297k) and Sumner Athletic Booster Club ($297k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $4,548. At year end it held assets of $433k against liabilities of $1,419, net assets of $431k. It reported 1 employees.