Partners for Automated Vehicle Education Inc

Analysis

Partners for Automated Vehicle Education Inc is a registered charity in United States, based in MC Lean, VA. It received its IRS tax-exemption ruling in December 2020, 6 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 December 2023, Partners for Automated Vehicle Education Inc reported income of $529k and spending of $739k, spending 140% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $705k to $529k (-25%), an average of -9.1% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 93% 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, Partners for Automated Vehicle Education Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within VA. Charities of a similar size with the same main cause include Holiday Park Volunteer Fire Department ($529k), Big Marsh Volunteer Fire Dept ($529k) and Sierra Avalanche Center ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $216k (29% of expenses). Other salaries and wages came to $80k. At year end it held assets of $197k against liabilities of $6,838, net assets of $190k. It reported 4 employees.