Safe Passage Project Corporation

Analysis

Safe Passage Project Corporation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Safe Passage Project Corporation reported income of $5.0m and spending of $6.1m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.4m to $5.0m (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 87% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Safe Passage Project Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Loveland Foundation Inc ($5.0m), Justice for Migrant Women ($5.0m) and North Central District AIDS Coalition Incorporated ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $428k (7.0% of expenses). Other salaries and wages came to $3.8m. It paid $122k in professional fundraising fees. At year end it held assets of $7.9m against liabilities of $25k, net assets of $7.9m. It reported 60 employees.