Semiconductor Safety Association

Analysis

Semiconductor Safety Association is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in February 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a suspense under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Semiconductor Safety Association reported income of $380k and spending of $346k, spending 91% of its income. Across the 3 years on record, from October 2019 to October 2023, income grew from $292k to $380k (+30%), an average of +14% a year. The sharpest change came in the year to October 2023, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Semiconductor Safety Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Morris County Hospital Foundation ($380k), Kids & Horses Inc ($380k) and Therapy Dogs International ($380k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. At year end it held assets of $364k against liabilities of $26k, net assets of $338k.