Professional Firefighters Association of Midland Charitable

Analysis

Professional Firefighters Association of Midland Charitable is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in June 2022, 4 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, Professional Firefighters Association of Midland Charitable reported income of $195k and spending of $108k, leaving 45% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $142k to $195k (+37%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 45% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Professional Firefighters Association of Midland Charitable sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Lhes Foundation ($195k), Massillon Post 221 Charities Inc ($195k) and Gladys M Friant Trust Uw 04641-007 ($195k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 123% of the total. At year end it held assets of $423k against liabilities of $0, net assets of $423k.