Project Fire Buddies

Analysis

Project Fire Buddies is a registered charity in United States, based in Tinley Park, IL. It received its IRS tax-exemption ruling in January 2020, 6 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, Project Fire Buddies reported income of $863k and spending of $538k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $863k (+362%), an average of +362% a year. The sharpest change came in the year to December 2023, when income rose by 362%. Over the whole period it spent 65% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Fire Buddies sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Young Womens Christian Association of Marshalltown Iowa ($863k), Union Rescue Mission of Western Maryland Inc ($863k) and Nurture and Nature Childrens Center Inc ($863k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $37k (6.9% of expenses). At year end it held assets of $646k against liabilities of $224k, net assets of $423k. It reported 3 employees.