A Caring Safe Place Inc

Analysis

A Caring Safe Place Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 1998, 28 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 December 2023, A Caring Safe Place Inc reported income of $2.9m and spending of $2.9m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $861k to $2.9m (+235%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 104% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, A Caring Safe Place Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Tenants Development Corporation ($2.9m), Brighter Tomorrows Inc ($2.9m) and Providence Ministries for the Needy Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $631k. At year end it held assets of $2.7m against liabilities of $392k, net assets of $2.3m. It reported 14 employees.