Insurance Institute For Business & Home Safety
Only null% goes to programs Strong reserves Growing revenue
Insurance Institute For Business & Home Safety is a 501(c)(3) organization based in Richburg, South Carolina, registered in 1999, with $26,005,198 in FY2024 revenue. CharityIndex grades it B.
5335 Richburg Rd, Richburg, SC, 29729 EIN 23-2049143 Since 1999
Revenue (FY2024)
$26.0M
▲ 7.3% vs prior year
Public Safety median: $166K
Expenses (FY2024)
$23.3M
Net assets
$53.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Insurance Institute For Business & Home Safety— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating27 mo reserves · +10% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Insurance Institute For Business & Home Safety: 27 mo reserves · +10% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Insurance Institute For Business & Home Safety— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Insurance Institute For Business & Home Safety: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 5335 Richburg Rd, Richburg, SC, 29729
- City
- Richburg
- State
- South Carolina
- Subcategory
- Safety Education
- Website
- …
Financial trends
Revenue grew from $9.5M (FY2013) to $26.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $2.6MNet assets $53.3M
Operating margin
10.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$55.9M
Total liabilities
$2.6M
Net assets
$53.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $26,005,198▲7.3% | $23,283,374▲15.3% | $53,322,563▲7.8% | $55,913,758▲6.4% | 990 |
| 2023 | $24,224,700▲1.5% | $20,190,205▲11.7% | $49,461,529▲10.0% | $52,558,596▲9.0% | 990 |
| 2022 | $23,871,382▲49.3% | $18,073,681▲2.6% | $44,947,630▲13.7% | $48,227,581▲8.5% | 990 |
| 2021 | $15,989,228▼8.3% | $17,615,667▲12.5% | $39,515,916▼4.2% | $44,460,311▼5.4% | 990 |
| 2020 | $17,445,036▼0.1% | $15,652,432▼0.9% | $41,242,164▲6.3% | $47,000,529▲5.0% | 990 |
| 2019 | $17,454,926▲21.9% | $15,788,541▲14.7% | $38,807,520▲15.9% | $44,743,620▲5.6% | 990 |
| 2018 | $14,313,413▲4.4% | $13,760,754▼2.0% | $33,473,108▲0.9% | $42,356,105▲3.2% | 990 |
| 2017 | $13,707,759▲9.1% | $14,038,179▲8.7% | $33,184,145▼0.6% | $41,043,855▼6.1% | 990 |
| 2016 | $12,563,690▲14.3% | $12,914,059▲8.6% | $33,377,155▼1.4% | $43,713,844▲6.0% | 990 |
| 2015 | $10,992,733▲0.2% | $11,890,817▲7.5% | $33,852,545▼3.5% | $41,257,154▼3.0% | 990 |
| 2014 | $10,974,586▲15.9% | $11,061,425▲14.6% | $35,089,021▼2.1% | $42,511,809▼7.8% | 990 |
| 2013 | $9,469,841 | $9,650,326▲0.1% | $35,848,367▲1.5% | $46,127,785▲4.8% | 990 |
| 2012 | — | $9,640,042▲8.0% | $35,333,332▲0.3% | $44,018,361▲0.1% | 990 |
| 2011 | — | $8,925,432▲32.9% | $35,232,132▼4.1% | $43,961,844▼10.1% | 990 |
| 2010 | — | $6,715,568 | $36,723,018 | $48,915,518 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Insurance Institute For Business & Home Safety a legitimate nonprofit?
- Yes. Insurance Institute For Business & Home Safety is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-2049143, based in Richburg, South Carolina. Donations are tax-deductible.
- What is Insurance Institute For Business & Home Safety's EIN?
- Insurance Institute For Business & Home Safety's Employer Identification Number (EIN) is 23-2049143.
- How much revenue does Insurance Institute For Business & Home Safety report?
- Insurance Institute For Business & Home Safety reported $26,005,198 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Insurance Institute For Business & Home Safety have?
- CharityIndex grades Insurance Institute For Business & Home Safety B, based on financial health (reserves and operating margin).
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Data for Insurance Institute For Business & Home Safety (EIN 23-2049143) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.