Barren River Area Safe Space Inc

Analysis

Barren River Area Safe Space Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in April 1981, 45 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, Barren River Area Safe Space Inc reported income of $4.0m and spending of $3.9m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.4m to $4.0m (+69%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 51%. 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, Barren River Area Safe Space Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within KY. Charities of a similar size with the same main cause include Disability Resources Inc ($4.0m), St Joseph Institute for the Deaf ($4.0m) and Isf Advisors ($4.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $287k (7.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $2.1m against liabilities of $607k, net assets of $1.5m. It reported 64 employees.