Chimney Safety Institute of America

Analysis

Chimney Safety Institute of America is a registered charity in United States, based in Plainfield, IN. It received its IRS tax-exemption ruling in July 1992, 34 years ago. 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 August 2023, Chimney Safety Institute of America reported income of $1.5m and spending of $2.1m, spending 135% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.5m to $1.5m (+4.3%), an average of +1.0% a year. The sharpest change came in the year to August 2021, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chimney Safety Institute of America sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include Downtown Evening Soup Kitchen Inc ($1.5m), Riese-Madison Park ($1.5m) and Spring Grove Heritage Foundation ($1.5m).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $7,700 (0.4% of expenses). At year end it held assets of $2.6m against liabilities of $423k, net assets of $2.2m. It reported 11 employees.