Mid Atlantic Safety Council

Analysis

Mid Atlantic Safety Council is a registered charity in United States, based in Wilmington, NC. It received its IRS tax-exemption ruling in May 2004, 22 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, Mid Atlantic Safety Council reported income of $1.0m and spending of $1.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $800k to $1.0m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 104% 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, Mid Atlantic Safety Council sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within NC. Charities of a similar size with the same main cause include Turfmutt Foundation Inc ($1.0m), Path People for Active Transportation Hawaii ($1.0m) and Rescue Hose & Ladder Company ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $135k (13% of expenses). Other salaries and wages came to $427k. At year end it held assets of $1.1m against liabilities of $547k, net assets of $518k. It reported 8 employees.