Safe Alliance Inc

Analysis

Safe Alliance Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in January 1947, 79 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 2024, Safe Alliance Inc reported income of $7.0m and spending of $8.0m, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.4m to $7.0m (+8.6%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 32%. 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, Safe Alliance Inc 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 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include Healthy Communities Coalition of Lyon and Storey Counties ($7.0m), Council on Aging Inc ($7.0m) and Advanced Living Options ($7.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $179k (2.2% of expenses). Other salaries and wages came to $4.1m. At year end it held assets of $9.7m against liabilities of $1.6m, net assets of $8.0m. It reported 155 employees.