Safe in Lenoir County Inc

Analysis

Safe in Lenoir County Inc is a registered charity in United States, based in Kinston, NC. It received its IRS tax-exemption ruling in December 1985, 41 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 2022, Safe in Lenoir County Inc reported income of $371k and spending of $398k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $555k to $371k (-33%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe in Lenoir County Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Jasper Co Committee on Aging Inc ($371k), Centro Coameno Para LA Vejez Inc ($371k) and Clifton Christian Church Food Bank ($371k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $58k (15% of expenses). Other salaries and wages came to $202k. At year end it held assets of $406k against liabilities of $2,410, net assets of $404k. It reported 16 employees.