Public Safety Assistance Foundation

Analysis

Public Safety Assistance Foundation is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in November 2009, 17 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 December 2023, Public Safety Assistance Foundation reported income of $292k and spending of $313k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $421k to $292k (-31%), an average of -11% a year. The sharpest change came in the year to December 2021, when income dropped by 25%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Public Safety Assistance Foundation sits at the 59th percentile: it is larger than about 59% 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 Road Runners Club of America ($292k), Lake Charles Symphony Inc ($293k) and Peninsula Library Foundation ($292k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $37k (12% of expenses). Other salaries and wages came to $121k. At year end it held assets of $187k against liabilities of $22k, net assets of $166k.

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.