Safety Blitz Foundation Inc

Analysis

Safety Blitz Foundation Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Safety Blitz Foundation Inc reported income of $4.1m and spending of $4.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $4.1m (+1642%), an average of +104% a year. The sharpest change came in the year to December 2020, when income rose by 674%. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Safety Blitz Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Goodwill Services Inc ($4.1m), Kiamichi Opportunities Incorporated ($4.1m) and Mm&p Maritime Advancement Training Ed & Safety Program ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $470k against liabilities of $0, net assets of $470k.