Boynton Beach Firefighter Benevolent Assoc Inc

Analysis

Boynton Beach Firefighter Benevolent Assoc Inc is a registered charity in United States, based in Boynton Beach, FL. It received its IRS tax-exemption ruling in May 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Boynton Beach Firefighter Benevolent Assoc Inc reported income of $79k and spending of $89k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $104k to $79k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 222%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Boynton Beach Firefighter Benevolent Assoc Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 34th percentile within FL. Charities of a similar size with the same main cause include Foundation for Fallen Linemen ($79k), Brandermill Woods Foundation Inc ($79k) and Challis Senior Citizens Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.