Association of State Floodplain Managers Inc

Analysis

Association of State Floodplain Managers Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Association of State Floodplain Managers Inc reported income of $5.6m and spending of $5.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $5.6m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Association of State Floodplain Managers Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within WI. Charities of a similar size with the same main cause include Nra Special Contribution Fund Nra Whittington Center ($5.6m), The Schechter Institutes Inc ($5.6m) and Lubbock Area United Way Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $174k (3.2% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $3.4m against liabilities of $2.5m, net assets of $891k. It reported 25 employees.