Safe Passage Inc

Analysis

Safe Passage Inc is a registered charity in United States, based in Northampton, MA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. 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 2023, Safe Passage Inc reported income of $3.2m and spending of $3.2m, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $3.2m (+15%), an average of +4.6% a year. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safe Passage Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Orange City Society for Christian Instruction ($3.2m), Mid-Bronx Housing Development Fund ($3.2m) and Yad L Achim Peylei Israel ($3.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $137k (4.3% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $4.0m against liabilities of $1.9m, net assets of $2.0m. It reported 48 employees.