Safe Harbor Foundation

Analysis

Safe Harbor Foundation is a registered charity in United States, based in Aberdeen, SD. It received its IRS tax-exemption ruling in February 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Safe Harbor Foundation reported income of $98k and spending of $38k, leaving 61% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $77k to $98k (+28%), an average of +8.5% a year. The sharpest change came in the year to June 2021, when income rose by 126%. Over the whole period it spent 21% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Safe Harbor Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 31st percentile within SD. Charities of a similar size with the same main cause include Mt Juliet Rotary Club Foundationinc ($98k), Sertoma Inc ($98k) and Estes Park Salud Foundation ($98k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $771k against liabilities of $0, net assets of $771k.