The Fund for West Palm Beach Police Inc

Analysis

The Fund for West Palm Beach Police Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in May 1984, 42 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 August 2023, The Fund for West Palm Beach Police Inc reported income of $882k and spending of $1.0m, spending 119% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $110k to $882k (+699%), an average of +68% a year. The sharpest change came in the year to August 2023, when income rose by 224%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Fund for West Palm Beach Police Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include National Criminal Defense College Inc ($882k), Yadkin Arts Council Inc ($882k) and Fiscal Policy Institute ($882k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $905k against liabilities of $0, net assets of $905k.