Tri-County Safe Harbor Inc

Analysis

Tri-County Safe Harbor Inc is a registered charity in United States, based in Escanaba, MI. It received its IRS tax-exemption ruling in January 1984, 42 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 September 2023, Tri-County Safe Harbor Inc reported income of $682k and spending of $718k, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $517k to $682k (+32%), an average of +7.2% a year. The sharpest change came in the year to September 2021, when income rose by 36%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-County Safe Harbor Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Not Forgotten Inc ($682k), Connect Medical Clinic ($682k) and Pennsylvania Diversity Childrens Organization Inc ($681k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $69k (9.6% of expenses). Other salaries and wages came to $402k. At year end it held assets of $241k against liabilities of $20k, net assets of $221k. It reported 15 employees.