Safe Passage Inc

Analysis

Safe Passage Inc is a registered charity in United States, based in Dekalb, IL. It received its IRS tax-exemption ruling in March 1981, 45 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 $4.0m and spending of $3.7m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.7m to $4.0m (+46%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 88% 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 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IL. Charities of a similar size with the same main cause include Young Mens Christian Assoc ($4.0m), Shed Inc ($4.0m) and Massachusetts Assoc of Council on Aging & Senior Ctr Directors Inc ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $134k (3.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.2m against liabilities of $1.0m, net assets of $3.1m. It reported 65 employees.