Safe Watch Inc

Analysis

Safe Watch Inc is a registered charity in United States, based in Canon City, CO. It received its IRS tax-exemption ruling in May 2002, 24 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 Watch Inc reported income of $1.9m and spending of $1.5m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $968k to $1.9m (+99%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe Watch Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Autism Partnership Foundation ($1.9m), Superior Douglas County Family YMCA Inc ($1.9m) and Little Flower Day Care Center Inc 040392 ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $178k (12% of expenses). Other salaries and wages came to $998k. At year end it held assets of $1.9m against liabilities of $24k, net assets of $1.9m. It reported 82 employees.