Imsa Southeastern Section

Analysis

Imsa Southeastern Section is a registered charity in United States, based in New Market, AL. It received its IRS tax-exemption ruling in March 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 October 2023, Imsa Southeastern Section reported income of $348k and spending of $170k, leaving 51% of income unspent that year. Across the 2 years on record, from October 2021 to October 2023, income fell from $409k to $348k (-15%), an average of -15% a year. Over the whole period it spent 30% 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, Imsa Southeastern Section sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within AL. Charities of a similar size with the same main cause include Colonial Beach Volunteer Fire Department Inc ($348k), Whitehall Fire Company ($348k) and Vanceboro Rural Volunteer Fire Dept Inc ($348k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $71k (41% of expenses). Other salaries and wages came to $48k. At year end it held assets of $535k against liabilities of $0, net assets of $535k. It reported 2 employees.