Safe Harbor Center Inc

Analysis

Safe Harbor Center Inc is a registered charity in United States, based in Brunswick, GA. It received its IRS tax-exemption ruling in September 1990, 36 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 2023, Safe Harbor Center Inc reported income of $5.5m and spending of $5.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $3.6m to $5.5m (+53%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe Harbor Center Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include Indiana Masonic Home Foundation Incorporated ($5.5m), Carolina Farm Trust Inc ($5.5m) and YWCA Richmond ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.7% of the total. Compensation of current officers, directors and key employees was $109k (2.0% of expenses). Other salaries and wages came to $3.3m. It paid $39k in professional fundraising fees. At year end it held assets of $5.3m against liabilities of $427k, net assets of $4.9m. It reported 127 employees.