Daytona Beach Police Foundation Inc

Analysis

Daytona Beach Police Foundation Inc is a registered charity in United States, based in Orange City, FL. It received its IRS tax-exemption ruling in March 2019, 7 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, Daytona Beach Police Foundation Inc reported income of $58k and spending of $47k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $58k (-59%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 59%. Over the whole period it spent 52% 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, Daytona Beach Police Foundation Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Siltie Community Association ($58k), West Easton Volunteer Fire Company No 1 ($58k) and Echo Volunteer Fire Department Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% of the total. At year end it held assets of $264k against liabilities of $0, net assets of $264k.