A Safe Harbor Home

Analysis

A Safe Harbor Home is a registered charity in United States, based in Newport, TN. It received its IRS tax-exemption ruling in August 2013, 13 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 2024, A Safe Harbor Home reported income of $90k and spending of $93k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $85k to $90k (+5.9%), an average of +5.9% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Safe Harbor Home sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within TN. Charities of a similar size with the same main cause include Sacramento Association of Realtors Charitable Foundation Inc ($90k), Mat-Su Sea Hawkers Inc ($90k) and Independent Living Alliance ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. At year end it held assets of $23k against liabilities of $1,829, net assets of $21k.