Safehaven of Tarrant County

Analysis

Safehaven of Tarrant County is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in March 1980, 46 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, Safehaven of Tarrant County reported income of $12.8m and spending of $11.9m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $9.1m to $12.8m (+41%), an average of +8.9% a year. The sharpest change came in the year to September 2021, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safehaven of Tarrant County sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Allied Community Resources Inc ($12.8m), Center for Food Action in New Jersey ($12.8m) and Community Action Opportunities ($12.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% and program service revenue 0.7% of the total. Compensation of current officers, directors and key employees was $415k (3.5% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $13.7m against liabilities of $3.4m, net assets of $10.3m. It reported 242 employees.