Safehome Inc

Analysis

Safehome Inc is a registered charity in United States, based in Overland Park, KS. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Safehome Inc reported income of $4.8m and spending of $4.6m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.8m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safehome Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Northwest Community Action Inc ($4.8m), Goodroots Northwest ($4.8m) and Catholic Charities of the Diocese of Winona-Rochester ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $429k (9.3% of expenses). Other salaries and wages came to $2.3m. At year end it held assets of $6.9m against liabilities of $246k, net assets of $6.7m. It reported 103 employees.