Our Safe Harbor Church
Analysis
Our Safe Harbor Church is a registered charity in United States, based in Spring Hill, TN. It received its IRS tax-exemption ruling in July 2021, 5 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Our Safe Harbor Church reported income of $628k and spending of $468k, leaving 25% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $570k to $628k (+10%), an average of +4.9% a year. Over the whole period it spent 70% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Safe Harbor Church sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Victims for Justice Inc ($628k), Hayward Sports Center Inc ($628k) and Kambly Living Center ($628k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $76k (16% of expenses). Other salaries and wages came to $170k. At year end it held assets of $584k against liabilities of $238, net assets of $584k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Victims for Justice Inc | Anchorage | $628k |
| Hayward Sports Center Inc | Hayward | $628k |
| Kambly Living Center | Battle Creek | $628k |
| Mashpee Community Media Center Inc | Mashpee | $628k |