Safety Equipment Institute

Analysis

Safety Equipment Institute is a registered charity in United States, based in Conshohocken, PA. It received its IRS tax-exemption ruling in June 2012, 14 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 organisation that tests for public safety under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Safety Equipment Institute reported income of $4.2m and spending of $4.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.9m to $4.2m (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 26%. 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, Safety Equipment Institute sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within PA. Charities of a similar size with the same main cause include White Sulphur Springs Emergency Medical Service Inc ($4.1m), Pennsylvania Chiefs of Police Association ($4.2m) and Adams Regional Emergency Medical Services Inc ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $50k (1.2% of expenses). Other salaries and wages came to $852k. At year end it held assets of $2.8m against liabilities of $928k, net assets of $1.8m.