Safetynet Youthcare Inc

Analysis

Safetynet Youthcare Inc is a registered charity in United States, based in Minter, AL. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Safetynet Youthcare Inc reported income of $150k and spending of $141k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $150k (+13%), an average of +13% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Safetynet Youthcare Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within AL. Charities of a similar size with the same main cause include Monterey Bay Educational Center ($150k), Grandville Academic Team Boosters ($150k) and Noble Crossing Elementary School Parent Teacher Organization ($150k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.