CSX Employees Disaster Relief Fund Inc

Analysis

CSX Employees Disaster Relief Fund Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 1997, 29 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, CSX Employees Disaster Relief Fund Inc reported income of $50k and spending of $130k, spending 258% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $20k to $50k (+153%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 4958%. Over the whole period it spent 62% 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, CSX Employees Disaster Relief Fund Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 23rd percentile within FL. Charities of a similar size with the same main cause include Lincoln County NC Volunteer Firemens Association Inc ($50k), West Hanover Volunteer Resuce Squad ($50k) and Laura Taber Barbour Air Safety Foundation ($50k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.