Safe Black Space

Analysis

Safe Black Space is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in July 2021, 5 years ago. 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 Black Space reported income of $241k and spending of $185k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $485k to $241k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safe Black Space sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include M & M Day Care Center Ltd ($241k), N B C U S a Housing Inc Fifteen ($241k) and South Texas Youth Soccer Association ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.8% of the total. Compensation of current officers, directors and key employees was $104k (56% of expenses). At year end it held assets of $405k against liabilities of $11k, net assets of $394k. It reported 1 employees.