Safe Passage Inc

Analysis

Safe Passage Inc is a registered charity in United States, based in Batesville, IN. It received its IRS tax-exemption ruling in December 1998, 28 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 June 2023, Safe Passage Inc reported income of $2.3m and spending of $2.0m, spending 88% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.3m (+33%), an average of +10% a year. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe Passage Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Deaf Empowerment Awareness Foundation Inc ($2.3m), Project Hope Charities Inc ($2.3m) and Allentown Rescue Mission Foundation ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $166k (8.3% of expenses). At year end it held assets of $1.9m against liabilities of $38k, net assets of $1.9m. It reported 36 employees.