Institute for Safety in Powerline Construction Inc

Analysis

Institute for Safety in Powerline Construction Inc is a registered charity in United States, based in Alexandria, LA. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Institute for Safety in Powerline Construction Inc reported income of $855k and spending of $994k, spending 116% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $921k to $855k (-7.1%), an average of -1.8% a year. The sharpest change came in the year to March 2024, when income rose by 31%. Over the whole period it spent 111% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Institute for Safety in Powerline Construction Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Southern Area Fire and Emergency Rescue ($855k), Institute for Safer Trucking ($856k) and Palisades Regional Fire Rescue ($855k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $364k. At year end it held assets of $221k against liabilities of $709k, net assets of -$488k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.