Elevator Escalator Safety Foundation Inc

Analysis

Elevator Escalator Safety Foundation Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in October 2023, 3 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, Elevator Escalator Safety Foundation Inc reported income of $250k and spending of $200k, spending 80% of its income. Across the 3 years on record, from June 2019 to December 2023, income fell from $405k to $250k (-38%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 71% 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, Elevator Escalator Safety Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within AL. Charities of a similar size with the same main cause include Arizona Motorcycle Safety and Awareness Foundation ($250k), Higher Power Garage ($250k) and Cordry-Sweetwater Vol Fire Dept & Ambulance Corps ($250k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $120k. At year end it held assets of $762k against liabilities of $6,256, net assets of $756k. It reported 3 employees.