Insurance Institute for Highway Safety

Analysis

Insurance Institute for Highway Safety is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in January 1964, 62 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Insurance Institute for Highway Safety reported income of $36.3m and spending of $34.1m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.8m to $36.3m (+18%), an average of +4.2% a year. Over the whole period it spent 96% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Insurance Institute for Highway Safety sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include St Bernard Project Inc ($35.3m), Team Rubicon ($40.4m) and Core Community Organized Relief Effort ($31.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $2.2m (6.4% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $64.0m against liabilities of $15.5m, net assets of $48.4m. It reported 105 employees.