I Am Safe Inc

Analysis

I Am Safe Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, I Am Safe Inc reported income of $1.1m and spending of $1.0m, spending 97% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $704k to $1.1m (+51%), an average of +8.5% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, I Am Safe Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Nanas Childrens Home Inc ($1.1m), Affordable Central Texas Inc ($1.1m) and Telacu Senior Court Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $339k (33% of expenses). Other salaries and wages came to $198k. At year end it held assets of $127k against liabilities of $64k, net assets of $63k. It reported 15 employees.