Safe & Sound Ministries

Analysis

Safe & Sound Ministries is a registered charity in United States, based in Lake Orion, MI. It received its IRS tax-exemption ruling in October 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, Safe & Sound Ministries reported income of $70k and spending of $67k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $70k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe & Sound Ministries sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 27th percentile within MI. Charities of a similar size with the same main cause include Florence for Youth in Action ($70k), Helping Hands for People Inc ($70k) and Off the Streets Program Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.