Fire Watch Project Inc

Analysis

Fire Watch Project Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Fire Watch Project Inc reported income of $1.2m and spending of $1.0m, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $688k to $1.2m (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fire Watch Project Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Bell County Society for Crippled Children Inc ($1.2m), Sanilac Therapeutic Alternative Residential Treatment ($1.2m) and Morning Light Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $112k (11% of expenses). Other salaries and wages came to $252k. At year end it held assets of $253k against liabilities of $986, net assets of $252k. It reported 6 employees.