American Society of Safety Professionals Foundation

Analysis

American Society of Safety Professionals Foundation is a registered charity in United States, based in Park Ridge, IL. It received its IRS tax-exemption ruling in September 1966, 60 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 March 2023, American Society of Safety Professionals Foundation reported income of $833k and spending of $913k, spending 110% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $582k to $833k (+43%), an average of +13% a year. The sharpest change came in the year to March 2022, when income rose by 66%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, American Society of Safety Professionals Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include East High School Alumni Foundation ($833k), American Indian Council of Mariposa County ($833k) and Maurice & Jane Sugar Law Center for Economic and Social Justice ($833k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 81% and program service revenue 1.7% of the total. At year end it held assets of $6.9m against liabilities of $195k, net assets of $6.7m.