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Center for Safety & Change Inc

RegisteredEIN 13-2989233New City, NYPoverty relief
Income$7.8m2023-12
Spending$7.0msame year
Spent / received94%5-year average
Size in its cause93rd pctPoverty relief
Exempt since1979Publicly supported organisat
Employees88latest return

Analysis

Center for Safety & Change Inc is a registered charity in United States, based in New City, NY. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Center for Safety & Change Inc reported income of $7.8m and spending of $7.0m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.6m to $7.8m (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Safety & Change 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 Pleasant View Inc ($7.8m), New England Eye Institute Inc ($7.8m) and Seton Hill Child Services Inc ($7.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $874k (13% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $4.6m against liabilities of $1.1m, net assets of $3.5m. It reported 88 employees.

Income and spending

$0$1.9m$3.9m$5.8m$7.8m2019 Income: $5,557,8822019 Spending: $4,772,97720192020 Income: $5,615,1252020 Spending: $5,582,18920202021 Income: $6,915,6952021 Spending: $6,732,83120212022 Income: $7,758,2922022 Spending: $7,442,60920222023 Income: $7,792,7932023 Spending: $6,977,9862023
IncomeSpending

Where the income comes from

  • Contributions & grants 92%
  • Program services 7.7%
  • Other 0.7%

Similar-sized charities, same cause

CharityLocationIncome
Pleasant View IncBroadway$7.8m
New England Eye Institute IncBoston$7.8m
Seton Hill Child Services IncGreensburg$7.8m
Mid America Assistance Coalition IncKansas City$7.8m