Safe House Ministries Inc

Analysis

Safe House Ministries Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in July 2007, 19 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 June 2023, Safe House Ministries Inc reported income of $7.5m and spending of $6.8m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $7.5m (+76%), an average of +15% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe House Ministries 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 94th percentile within OH. Charities of a similar size with the same main cause include Alger-Marquette Community Action Board ($7.5m), Loaves & Fishes Family Kitchen ($7.5m) and Solano Land Trust ($7.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.1% and program service revenue 93% of the total. Other salaries and wages came to $3.5m. At year end it held assets of $10.4m against liabilities of $5.5m, net assets of $4.9m. It reported 130 employees.