Safe Nest Foundation Inc

Analysis

Safe Nest Foundation Inc is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Safe Nest Foundation Inc reported income of $1.4m and spending of $1.8m, spending 130% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.4m (+36%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Safe Nest Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within NV. Charities of a similar size with the same main cause include Burlingame Aquatic Club Inc ($1.4m), Greater Houston Community Foundation ($1.4m) and Make an Impact Foundation Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $551k. At year end it held assets of $146k against liabilities of $39k, net assets of $107k.