Downey Public Safety Employees Memorial Foundation

Analysis

Downey Public Safety Employees Memorial Foundation is a registered charity in United States, based in Downey, CA. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover unknown, 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, Downey Public Safety Employees Memorial Foundation reported income of $157k and spending of $20k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $51k to $157k (+208%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 500%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Downey Public Safety Employees Memorial Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Roseau County Historical Society ($157k), Far Hills Bedminster First Aid Squad Inc ($157k) and Alameda Kiwanis Foundation ($157k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.