Safe Harbor Inc

Analysis

Safe Harbor Inc is a registered charity in United States, based in Westbrook, CT. It received its IRS tax-exemption ruling in July 1985, 41 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 December 2023, Safe Harbor Inc reported income of $303k and spending of $305k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $284k to $303k (+6.6%), an average of +1.6% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safe Harbor Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CT. Charities of a similar size with the same main cause include Southwestern Surgical Congress ($303k), Daughters of Isreal Geriatric Services Inc ($303k) and Tennessee Valley Outreach Inc ($303k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. At year end it held assets of $992k against liabilities of $853k, net assets of $138k.