Safeline Inc

Analysis

Safeline Inc is a registered charity in United States, based in Chelsea, VT. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Safeline Inc reported income of $339k and spending of $306k, spending 90% of its income. Across the 4 years on record, from June 2021 to June 2024, income fell from $413k to $339k (-18%), an average of -6.4% a year. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Safeline Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 57th percentile within VT. Charities of a similar size with the same main cause include Cuthbertson Athletic Booster Club ($339k), Foundation Preparatory Academy ($339k) and Alpha Gamma Omega Alumni ($339k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $57k (19% of expenses). Other salaries and wages came to $106k. At year end it held assets of $667k against liabilities of $86k, net assets of $580k. It reported 4 employees.