Safe Harbors Network

Analysis

Safe Harbors Network is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 2018, 8 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Safe Harbors Network reported income of $588k and spending of $592k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $234k to $588k (+151%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Safe Harbors Network sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include Brownwood Manor Inc ($588k), Housing Resource Center Inc ($588k) and Hawkins House ($588k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $27k (4.6% of expenses). Other salaries and wages came to $18k. At year end it held assets of $16k against liabilities of $0, net assets of $16k. It reported 2 employees.