Fairfield Police Foundation CT Inc

Analysis

Fairfield Police Foundation CT Inc is a registered charity in United States, based in Fairfield, CT. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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, Fairfield Police Foundation CT Inc reported income of $193k and spending of $55k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $193k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fairfield Police Foundation CT Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within CT. Charities of a similar size with the same main cause include Newton Girls Softball Inc ($193k), Wisdom Community ($193k) and Meals on Wheels of Wyoming Valley Inc ($193k).

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 $231k against liabilities of $0, net assets of $231k.