Safespace Foundation Inc

Analysis

Safespace Foundation Inc is a registered charity in United States, based in Miami Shores, FL. It received its IRS tax-exemption ruling in July 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Safespace Foundation Inc reported income of $97k and spending of $69k, leaving 29% of income unspent that year. Across the 3 years on record, from September 2019 to September 2023, income grew from $97k to $97k (+0.1%), an average of +0.0% a year. The sharpest change came in the year to September 2020, when income rose by 304%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safespace Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 40th percentile within FL. Charities of a similar size with the same main cause include Randolph County Helping Hands Inc ($97k), Fraternal Order of Eagles Sycamore Aerie 1095 Needy Family & Scholars ($97k) and New Light Consultants Inc ($97k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $379k against liabilities of $0, net assets of $379k.