Commercial Vehicle Safety Alliance

Analysis

Commercial Vehicle Safety Alliance is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Commercial Vehicle Safety Alliance reported income of $10.0m and spending of $10.5m, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.4m to $10.0m (+86%), an average of +17% a year. The sharpest change came in the year to September 2022, when income rose by 41%. 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, Commercial Vehicle Safety Alliance sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 87th percentile within DC. Charities of a similar size with the same main cause include Hospice Care Corporation Dba WV Caring ($10.0m), Mercy Hospital Watonga Inc ($10.0m) and Pluralistic Schools Inc ($10.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $770k (7.3% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $9.8m against liabilities of $6.5m, net assets of $3.3m. It reported 25 employees.