Salisbury Police Foundation

Analysis

Salisbury Police Foundation is a registered charity in United States, based in Salisbury, NC. It received its IRS tax-exemption ruling in June 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Salisbury Police Foundation reported income of $100k and spending of $21k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $100k (+8.7%), an average of +8.7% a year. Over the whole period it spent 16% 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, Salisbury Police Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Woodlawn Volunteer Fire Company ($100k), Temperance Hill Volunteer Fire Department Inc ($100k) and Windom Volunteer Fire Co Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.