Safer Corporate Endowment

Analysis

Safer Corporate Endowment is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in December 1984, 42 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Safer Corporate Endowment reported income of $4.7m and spending of $2.8m, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.7m (+103%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safer Corporate Endowment sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include Old Dominion University Real Estate Foundation ($4.7m), Access Reproductive Justice ($4.7m) and Concerned Women for America ($4.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 46% and program service revenue 42% of the total. At year end it held assets of $14.0m against liabilities of $2.6m, net assets of $11.4m.