American Suppressor Association Foundation Inc

Analysis

American Suppressor Association Foundation Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 2021, 5 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, American Suppressor Association Foundation Inc reported income of $525k and spending of $356k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $11k to $525k (+4788%), an average of +4788% a year. The sharpest change came in the year to December 2023, when income rose by 4788%. Over the whole period it spent 67% 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, American Suppressor Association Foundation 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 75th percentile within GA. Charities of a similar size with the same main cause include Denton Volunteer Fire Company Inc ($524k), Fairfield Community Fire Company Inc ($525k) and Gaston Volunteer Fire Department Inc ($524k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $8,625 in professional fundraising fees. At year end it held assets of $177k against liabilities of $0, net assets of $177k.