Sylacauga Alliance for Family Enhancement Inc - Safe

Analysis

Sylacauga Alliance for Family Enhancement Inc - Safe is a registered charity in United States, based in Sylacauga, AL. It received its IRS tax-exemption ruling in August 1997, 29 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 September 2023, Sylacauga Alliance for Family Enhancement Inc - Safe reported income of $8.1m and spending of $7.8m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.8m to $8.1m (+192%), an average of +31% a year. The sharpest change came in the year to September 2023, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sylacauga Alliance for Family Enhancement Inc - Safe sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Easter Seals Vermont Inc ($8.1m), Childrens Village ($8.1m) and Infrastructure Financial Services ($8.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% and program service revenue 2.1% of the total. Compensation of current officers, directors and key employees was $108k (1.4% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $23.2m against liabilities of $21.7m, net assets of $1.5m. It reported 132 employees.