Safe Space Inc

Analysis

Safe Space Inc is a registered charity in United States, based in Butte, MT. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 2024, Safe Space Inc reported income of $509k and spending of $504k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $366k to $509k (+39%), an average of +6.9% a year. The sharpest change came in the year to June 2020, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safe Space Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within MT. Charities of a similar size with the same main cause include Valleys Planning Council Inc ($509k), Pennsylvania State Association of County Fairs ($509k) and Childrens House Montessori School Inc ($509k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $3,330 (0.7% of expenses). Other salaries and wages came to $274k. At year end it held assets of $447k against liabilities of $64k, net assets of $383k. It reported 17 employees.