Safe Harbor Easton Inc

Analysis

Safe Harbor Easton Inc is a registered charity in United States, based in Easton, PA. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Harbor Easton Inc reported income of $1.3m and spending of $923k, leaving 28% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $646k to $1.3m (+97%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Safe Harbor Easton Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within PA. Charities of a similar size with the same main cause include Madison Area CLT Corp ($1.3m), East River North Housing Development Fund Company Inc ($1.3m) and Kilohana Resident Council ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $92k (9.9% of expenses). Other salaries and wages came to $431k. At year end it held assets of $1.8m against liabilities of $562k, net assets of $1.3m. It reported 25 employees.