Asbestos Disease Awareness Organization Inc

Analysis

Asbestos Disease Awareness Organization Inc is a registered charity in United States, based in Redondo Beach, CA. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Asbestos Disease Awareness Organization Inc reported income of $283k and spending of $276k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $372k to $283k (-24%), an average of -6.6% a year. The sharpest change came in the year to December 2022, when income rose by 176%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Asbestos Disease Awareness Organization Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Mission Vision Inc ($283k), TCRH Inc ($283k) and Marwin Counceling Services ($283k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (41% of expenses). Other salaries and wages came to $34k. At year end it held assets of $261k against liabilities of $27k, net assets of $234k. It reported 2 employees.