Mitchell County Safe Place

Analysis

Mitchell County Safe Place is a registered charity in United States, based in Spruce Pine, NC. It received its IRS tax-exemption ruling in June 1995, 31 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, Mitchell County Safe Place reported income of $916k and spending of $872k, spending 95% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $582k to $916k (+57%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 99%. Over the whole period it spent 63% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mitchell County Safe Place sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within NC. Charities of a similar size with the same main cause include Pacific Northwest Cwoa Chapter ($916k), Pastoral Counseling & Consultation Centers of Greater Washington ($916k) and Sharmada Foundation Inc ($916k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 0.7% of the total. Other salaries and wages came to $670k. At year end it held assets of $2.7m against liabilities of $0, net assets of $2.7m. It reported 30 employees.