Safespace Center Inc

Analysis

Safespace Center Inc is a registered charity in United States, based in Menlo Park, CA. It received its IRS tax-exemption ruling in June 2024, 2 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 December 2023, Safespace Center Inc reported income of $1.1m and spending of $433k, leaving 62% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $1.1m (+199%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 304%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Safespace Center Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include World Molecular Imaging Society ($1.1m), Life Practice Counseling Group Inc ($1.1m) and Institute for Myeloma and Bone Cancer Research ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $175k (40% of expenses). Other salaries and wages came to $76k. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 2 employees.