Shraders Safehouse

Analysis

Shraders Safehouse is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Shraders Safehouse reported income of $145k and spending of $144k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $145k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Shraders Safehouse sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within WA. Charities of a similar size with the same main cause include Ho Okahua ($145k), Meet Up Ministries ($145k) and Arc of Fort Bend County Foundation ($145k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.