Self Storage Association Foundation

Analysis

Self Storage Association Foundation is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Self Storage Association Foundation reported income of $2.5m and spending of $1.6m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $2.5m (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 59% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Self Storage Association Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within VA. Charities of a similar size with the same main cause include Western Arkansas Planning and ($2.5m), Tri Industries NFP ($2.5m) and Child Abuse Prevention Council of Contra Costa County Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 65% of the total. At year end it held assets of $8.4m against liabilities of $610k, net assets of $7.8m.