Safely Home Inc

Analysis

Safely Home Inc is a registered charity in United States, based in Bedford, OH. It received its IRS tax-exemption ruling in March 1995, 31 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Safely Home Inc reported income of $2.5m and spending of $2.7m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.5m (+13%), an average of +3.1% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safely Home Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Family Service Agency of Waukesha County Inc ($2.5m), Eye Thrive ($2.5m) and The Storehouse ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $412k (15% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $2.1m against liabilities of $252k, net assets of $1.9m. It reported 41 employees.