Internet Safety Labs Inc

Analysis

Internet Safety Labs Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Internet Safety Labs Inc reported income of $856k and spending of $856k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $613k to $856k (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Internet Safety Labs Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Pemiscot Progressive Industries Inc 705 W Washington ($856k), Bexar County Medical Library Association ($856k) and San Diego Community College Auxiliary Organization ($856k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $263k (31% of expenses). Other salaries and wages came to $393k. At year end it held assets of $251k against liabilities of $174k, net assets of $77k. It reported 13 employees.