Safe Entry Inc

Analysis

Safe Entry Inc is a registered charity in United States, based in Springfield, TN. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2024, Safe Entry Inc reported income of $904k and spending of $897k, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $847k to $904k (+6.7%), an average of +1.3% a year. The sharpest change came in the year to June 2020, when income rose by 32%. Over the whole period it spent 86% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Safe Entry Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within TN. Charities of a similar size with the same main cause include Burlington Homes Inc ($903k), T G 108 Inc ($905k) and Margaret Ford Manor Ltd ($902k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $121k (13% of expenses). Other salaries and wages came to $242k. At year end it held assets of $1.7m against liabilities of $442k, net assets of $1.3m. It reported 16 employees.