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Safi Foundation

RegisteredEIN 20-4515804Lacey, WAEducation and training
Income$109k2023-12
Spending$115ksame year
Spent / received104%2-year average
Size in its cause41st pctEducation and training
Exempt since2007Publicly supported organisat
Employees–latest return

Analysis

Safi Foundation is a registered charity in United States, based in Lacey, WA. It received its IRS tax-exemption ruling in March 2007, 19 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 December 2023, Safi Foundation reported income of $109k and spending of $115k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $95k to $109k (+15%), an average of +15% a year. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Safi Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within WA. Charities of a similar size with the same main cause include Christian Education Services Inc ($109k), Oneonta Foundation for Educational Resources Inc ($109k) and Region V Head Start Association Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $118k against liabilities of $0, net assets of $118k.

Income and spending

$0$29k$57k$86k$115k2022 Income: $95,3512022 Spending: $99,38620222023 Income: $109,4212023 Spending: $114,5442023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Christian Education Services IncMarion$109k
Oneonta Foundation for Educational Resources IncOneonta$109k
Region V Head Start Association IncSpringfield$109k
Suwannee Valley Electric Cooperative FoundationLive Oak$109k