Aaa Foundation for Traffic Safety

Analysis

Aaa Foundation for Traffic Safety is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 1970, 56 years ago. 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 December 2023, Aaa Foundation for Traffic Safety reported income of $4.6m and spending of $4.7m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.5m to $4.6m (-39%), an average of -12% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Aaa Foundation for Traffic Safety sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 79th percentile within DC. Charities of a similar size with the same main cause include Women in Military Service for America Memorial Foundation Inc ($4.6m), Peninsula Heritage School Inc Fka Wingrock School Inc ($4.6m) and Arc of Washington-Holmes Counties Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $376k (7.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $29.1m against liabilities of $858k, net assets of $28.2m. It reported 14 employees.