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Center for Hope and Safety

RegisteredEIN 51-0141214Salem, ORPoverty relief
Income$6.4m2023-06
Spending$3.9msame year
Spent / received61%5-year average
Size in its cause92nd pctPoverty relief
Exempt since1978Publicly supported organisat
Employees41latest return

Analysis

Center for Hope and Safety is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in October 1978, 48 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 June 2023, Center for Hope and Safety reported income of $6.4m and spending of $3.9m, leaving 40% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $6.4m (+174%), an average of +29% a year. The sharpest change came in the year to June 2021, when income rose by 200%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Center for Hope and Safety sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OR. Charities of a similar size with the same main cause include Benevilla ($6.4m), Soldier on of Delaware Inc ($6.4m) and Cornerstone Family Programs ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $163k (4.2% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $16.6m against liabilities of $3.4m, net assets of $13.3m. It reported 41 employees.

Income and spending

$0$2.2m$4.5m$6.7m$8.9m2019 Income: $2,341,3542019 Spending: $2,011,05220192020 Income: $2,972,5162020 Spending: $2,655,49520202021 Income: $8,913,9152021 Spending: $3,043,61920212022 Income: $4,752,0402022 Spending: $3,856,16420222023 Income: $6,419,0822023 Spending: $3,880,3282023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
BenevillaSurprise$6.4m
Soldier on of Delaware IncPittsfield$6.4m
Cornerstone Family ProgramsMorristown$6.4m
Saint Anthonys Community Center IncWilmington$6.4m