Baltimore Safe Haven

Analysis

Baltimore Safe Haven is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in April 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 (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, Baltimore Safe Haven reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $600k to $1.9m (+219%), an average of +47% a year. The sharpest change came in the year to December 2021, when income rose by 120%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Baltimore Safe Haven sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 84th percentile within MD. Charities of a similar size with the same main cause include Main Street Child Development Center Incorporated ($1.9m), Residential Support Service of Wake County Inc ($1.9m) and Friends of Casa Hogar ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $175k (9.2% of expenses). Other salaries and wages came to $726k. At year end it held assets of $1.1m against liabilities of $553k, net assets of $593k. It reported 36 employees.