My Safe Harbor Inc

Analysis

My Safe Harbor Inc is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, My Safe Harbor Inc reported income of $256k and spending of $361k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $349k to $256k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2023, when income dropped by 28%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Safe Harbor Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Karuna Inc ($256k), Goodwill Industries of Central Florida Foundation Inc ($256k) and Institute for Well-Being in Law ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.5% of the total. Compensation of current officers, directors and key employees was $83k (23% of expenses). Other salaries and wages came to $199k. At year end it held assets of $123k against liabilities of $4,742, net assets of $118k. It reported 17 employees.