Advocate Safehouse Project

Analysis

Advocate Safehouse Project is a registered charity in United States, based in Glenwood SPGS, CO. It received its IRS tax-exemption ruling in October 1987, 39 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, Advocate Safehouse Project reported income of $1.3m and spending of $1.2m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $766k to $1.3m (+65%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Advocate Safehouse Project sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within CO. Charities of a similar size with the same main cause include Deafway Global ($1.3m), Multi-Cultural Development Center ($1.3m) and Riverworks ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $151k (13% of expenses). Other salaries and wages came to $374k. At year end it held assets of $1.2m against liabilities of $61k, net assets of $1.2m. It reported 12 employees.