Safe Harbor of Chester County Inc

Analysis

Safe Harbor of Chester County Inc is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in April 1994, 32 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 of Chester County Inc reported income of $913k and spending of $913k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.3m to $913k (-32%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 79% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Safe Harbor of Chester County Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Hewitt House Housing Development Fund Corporation ($913k), Lufkin Neighborhood Strong ($913k) and Sonoma Applied Villages Services ($913k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $37k (4.1% of expenses). Other salaries and wages came to $511k. At year end it held assets of $3.5m against liabilities of $29k, net assets of $3.5m. It reported 27 employees.