Association of State Dam Safety Officials Inc

Analysis

Association of State Dam Safety Officials Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in August 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Association of State Dam Safety Officials Inc reported income of $3.0m and spending of $3.2m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.6m to $3.0m (+16%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 97% 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, Association of State Dam Safety Officials Inc 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 89th percentile, and in the 89th percentile within KY. Charities of a similar size with the same main cause include Spout Springs Emergency Services Inc ($3.0m), Hatzalah South Florida Emergency Medical Services Inc ($3.0m) and Alert Engine Hook and Ladder and Hose Company No One Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $171k (5.4% of expenses). Other salaries and wages came to $362k. At year end it held assets of $2.9m against liabilities of $1.1m, net assets of $1.8m. It reported 7 employees.