Safe Haven Child Development Center Inc

Analysis

Safe Haven Child Development Center Inc is a registered charity in United States, based in Claremore, OK. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Haven Child Development Center Inc reported income of $1.8m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $251k to $1.8m (+603%), an average of +63% a year. The sharpest change came in the year to December 2020, when income rose by 191%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Safe Haven Child Development Center Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Pave Inc ($1.8m), Learning to Impact Inc ($1.8m) and E2d Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $54k (3.1% of expenses). Other salaries and wages came to $959k. At year end it held assets of $225k against liabilities of $12k, net assets of $213k. It reported 84 employees.