International Paper Company Employee Relief Fund

Analysis

International Paper Company Employee Relief Fund is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in March 2002, 24 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, International Paper Company Employee Relief Fund reported income of $546k and spending of $199k, leaving 64% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $712k to $546k (-23%), an average of -6.4% a year. Over the whole period it spent 30% 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, International Paper Company Employee Relief Fund sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Caughdenoy Volunteer Fire Department Inc ($546k), St John Volunteer Fire Dept ($547k) and Lucia River-Bend Volunteer Fire Department Inc ($545k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $2.6m against liabilities of $5,851, net assets of $2.5m.