Power Safe Place Resource Center of Virginia

Analysis

Power Safe Place Resource Center of Virginia is a registered charity in United States, based in Front Royal, VA. It received its IRS tax-exemption ruling in January 2020, 6 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, Power Safe Place Resource Center of Virginia reported income of $210k and spending of $218k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $210k (+115%), an average of +115% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Power Safe Place Resource Center of Virginia sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Broader Horizons-Childcare & Development ($210k), Springfield Soup Kitchen ($210k) and Shepherd Care Inc ($210k).

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 $55k (25% of expenses). Other salaries and wages came to $23k. At year end it held assets of $370k against liabilities of $98k, net assets of $272k. It reported 6 employees.