Chagrin Falls Firefighters Charitable Foundation

Analysis

Chagrin Falls Firefighters Charitable Foundation is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Chagrin Falls Firefighters Charitable Foundation reported income of $72k and spending of $92k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $335k to $72k (-79%), an average of -78% a year. The sharpest change came in the year to December 2023, when income dropped by 79%. Over the whole period it spent 24% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Chagrin Falls Firefighters Charitable Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Canine Health Events Inc ($72k), Georgia Association of Educators Foundation Inc ($72k) and Wow Productions Inc ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $676k against liabilities of $0, net assets of $676k.