Safa Trust Inc

Analysis

Safa Trust Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in March 1988, 38 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Safa Trust Inc reported income of $1.6m and spending of $13.0m, spending 794% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.0m to $1.6m (-91%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 119% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Safa Trust Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Tom and Susan Durant Foundation Inc ($1.6m), House of Charity ($1.6m) and National Police Defense Foundation Inc ($1.6m).

At year end it held assets of $323.0m against liabilities of $188k, net assets of $322.9m.