Salem Police Benevolent Association Inc
Salem Police Benevolent Association Inc shows strong financial growth and low expenses with no officer compensation.
EIN: 20456648 · Salem, NH · NTEE: S82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $39K |
| Program Spending | 90% |
| Net Assets | $446K |
| Transparency Score | 92/100 |
Is Salem Police Benevolent Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Salem Police Benevolent Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Salem Police Benevolent Association Inc
Salem Police Benevolent Association Inc (EIN: 20456648) is a nonprofit organization based in Salem, NH, classified under NTEE code S82. The organization reported total revenue of $158K and total assets of $526K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salem Police Benevolent Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salem Police Benevolent Association Inc is a small nonprofit that has been operating for 17 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $39K |
| Surplus / Deficit | +$103K |
| Total Assets | $446K |
| Net Assets | $446K |
| Operating Margin | 72.3% |
| Months of Reserves | 136.1 months |
Financial Health Grade: A
In 2022, Salem Police Benevolent Association Inc reported a surplus of $103K with revenue exceeding expenses, holds 136.1 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Salem Police Benevolent Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -11.1% | -22.8% | +10.8% |
| 2021 | +392.8% | -22.3% | +36.9% |
| 2020 | -70.1% | +5.7% | +9.7% |
| 2019 | +19.8% | +43.1% | +19.0% |
| 2018 | +178.8% | +27.4% | +26.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Salem Police Benevolent Association Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Salem Police Benevolent Association Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no executives or officers are paid, which is highly unusual for an organization of its size and suggests a volunteer-led structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Salem Police Benevolent Association Inc's IRS 990 filings:
- Significant revenue volatility in 2020, with expenses exceeding revenue.
Strengths
The following positive indicators were identified for Salem Police Benevolent Association Inc:
- Consistent growth in assets, from $135,681 in 2013 to $446,087 in 2022.
- Zero reported officer compensation across all filings.
- Expenses consistently much lower than revenue in most years, indicating high efficiency.
- Low or zero liabilities in recent filings, demonstrating strong financial health.
- Long and consistent IRS 990 filing history (12 filings).
Frequently Asked Questions about Salem Police Benevolent Association Inc
Is Salem Police Benevolent Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Salem Police Benevolent Association Inc (EIN: 20456648) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Salem Police Benevolent Association Inc spend its money?
Salem Police Benevolent Association Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Salem Police Benevolent Association Inc tax-deductible?
Salem Police Benevolent Association Inc is registered as a tax-exempt nonprofit (EIN: 20456648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Salem Police Benevolent Association Inc's spending goes to programs?
Salem Police Benevolent Association Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Salem Police Benevolent Association Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Salem Police Benevolent Association Inc is above average for NTEE category S82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Salem Police Benevolent Association Inc located?
Salem Police Benevolent Association Inc is headquartered in Salem, New Hampshire and files with the IRS under EIN 20456648. It is classified under NTEE code S82.
How many years of IRS 990 filings does Salem Police Benevolent Association Inc have?
Salem Police Benevolent Association Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $158K in total revenue.
Is Salem Police Benevolent Association Inc a good charity?
Based on the provided financial data, the Salem Police Benevolent Association Inc appears to be a very good charity. It consistently generates more revenue than expenses, has a growing asset base, and reports no officer compensation, suggesting high efficiency and a strong focus on its mission.
How does their spending efficiency compare to similar organizations?
With expenses significantly lower than revenue (e.g., $39,340 in expenses against $141,909 in revenue in 2022) and no officer compensation, their spending efficiency is exceptionally high, likely outperforming many similar organizations that incur significant administrative and executive salary costs.
What caused the dip in revenue in 2020?
In 2020, the organization experienced a significant dip in revenue to $32,388 from $108,449 in 2019, while expenses remained relatively stable at $65,554. This could be attributed to the global COVID-19 pandemic impacting fundraising efforts or economic conditions, leading to a temporary deficit.
Filing History
IRS 990 filing history for Salem Police Benevolent Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Salem Police Benevolent Association Inc's revenue has grown by 55.3%, moving from $91K to $142K. Total assets increased by 179.4% over the same period, from $160K to $446K. Total functional expenses rose by 3.2%, from $38K to $39K. In its most recent filing year (2022), Salem Police Benevolent Association Inc reported a surplus of $103K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $142K | $39K | $446K | $0 | — | View 990 |
| 2021 | $160K | $51K | $403K | $59K | — | — |
| 2020 | $32K | $66K | $294K | $59K | — | — |
| 2019 | $108K | $62K | $268K | $0 | — | View 990 |
| 2018 | $90K | $43K | $225K | $0 | — | View 990 |
| 2017 | $32K | $34K | $178K | $0 | — | — |
| 2016 | $59K | $52K | $180K | $0 | — | View 990 |
| 2015 | $82K | $47K | $173K | $0 | — | View 990 |
| 2014 | $53K | $50K | $139K | $0 | — | View 990 |
| 2013 | $38K | $37K | $136K | $0 | — | View 990 |
| 2012 | $52K | $48K | $164K | $0 | — | View 990 |
| 2011 | $91K | $38K | $160K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $142K, expenses of $39K, and assets of $446K (revenue -11.1% year-over-year).
- 2021: Revenue of $160K, expenses of $51K, and assets of $403K (revenue +392.8% year-over-year).
- 2020: Revenue of $32K, expenses of $66K, and assets of $294K (revenue -70.1% year-over-year).
- 2019: Revenue of $108K, expenses of $62K, and assets of $268K (revenue +19.8% year-over-year).
- 2018: Revenue of $90K, expenses of $43K, and assets of $225K (revenue +178.8% year-over-year).
- 2017: Revenue of $32K, expenses of $34K, and assets of $178K (revenue -44.6% year-over-year).
- 2016: Revenue of $59K, expenses of $52K, and assets of $180K (revenue -28.7% year-over-year).
- 2015: Revenue of $82K, expenses of $47K, and assets of $173K (revenue +56.2% year-over-year).
- 2014: Revenue of $53K, expenses of $50K, and assets of $139K (revenue +38.7% year-over-year).
- 2013: Revenue of $38K, expenses of $37K, and assets of $136K (revenue -26.8% year-over-year).
- 2012: Revenue of $52K, expenses of $48K, and assets of $164K (revenue -43.3% year-over-year).
- 2011: Revenue of $91K, expenses of $38K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salem Police Benevolent Association Inc:
Data Sources and Methodology
This transparency report for Salem Police Benevolent Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.