Someplace Safe

Analysis

Someplace Safe is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in September 1979, 47 years ago. 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, Someplace Safe reported income of $3.2m and spending of $3.3m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $3.2m (+31%), an average of +6.9% a year. The sharpest change came in the year to September 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Someplace Safe 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 89th percentile, and in the 89th percentile within MN. Charities of a similar size with the same main cause include The Regional Medical Center at Memphis Foundation ($3.2m), USA Diving Inc ($3.2m) and Eastern Nebraska Community Action Partnership ($3.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 67% and program service revenue 4.3% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $1.8m against liabilities of $355k, net assets of $1.4m. It reported 112 employees.