Safe Alliance Foundation
Analysis
Safe Alliance Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2023, Safe Alliance Foundation reported income of $199k and spending of $297k, spending 149% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $127k to $199k (+57%), an average of +16% a year. The sharpest change came in the year to March 2022, when income rose by 41%. Over the whole period it spent 168% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe Alliance Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Caring & Sharing Community Resources and Transformation Cente ($199k), Housing Corporation of Acadiana Inc ($199k) and Wishing Well Foundation ($199k).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $5.8m against liabilities of $0, net assets of $5.8m.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 35%
- Other 65%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Caring & Sharing Community Resources and Transformation Cente | Aurora | $199k |
| Housing Corporation of Acadiana Inc | Rayne | $199k |
| Wishing Well Foundation | Puyallup | $199k |
| Little Elm Area Food Bank | Little Elm | $199k |