The Safe Center Li Inc

Analysis

The Safe Center Li Inc is a registered charity in United States, based in Bethpage, NY. It received its IRS tax-exemption ruling in February 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Safe Center Li Inc reported income of $7.7m and spending of $8.0m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $7.7m (+10%), an average of +2.5% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Safe Center Li Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Catholic Charities Diocese of Charlotte ($7.7m), Rain Inc ($7.7m) and Jameson Care Center Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $135k (1.7% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $6.0m against liabilities of $5.3m, net assets of $700k. It reported 128 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.