Billings Firefighters Benevolent Fund

Analysis

Billings Firefighters Benevolent Fund is a registered charity in United States, based in Billings, MT. It received its IRS tax-exemption ruling in January 2023, 3 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, Billings Firefighters Benevolent Fund reported income of $54k and spending of $67k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $350 to $54k (+15406%), an average of +15406% a year. The sharpest change came in the year to December 2023, when income rose by 15406%. Over the whole period it spent 123% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Billings Firefighters Benevolent Fund sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within MT. Charities of a similar size with the same main cause include Ahoskie Food Pantry ($54k), Wellness Warriors Inc ($54k) and Attic After School ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.