A Safe Place Inc

Analysis

A Safe Place Inc is a registered charity in United States, based in Nantucket, MA. It received its IRS tax-exemption ruling in September 1987, 39 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 June 2024, A Safe Place Inc reported income of $1.9m and spending of $1.4m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.2m to $1.9m (+63%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Safe Place Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MA. Charities of a similar size with the same main cause include The Julie Valentine Center ($1.9m), San Francisco Historical Society ($1.9m) and Sixth District Appellate Program ($1.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $137k (9.6% of expenses). Other salaries and wages came to $723k. At year end it held assets of $2.9m against liabilities of $196k, net assets of $2.7m. It reported 19 employees.