Safe Alternative Foundation for Education Inc

Analysis

Safe Alternative Foundation for Education Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Safe Alternative Foundation for Education Inc reported income of $360k and spending of $348k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $360k (+8.9%), an average of +2.1% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 64% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Safe Alternative Foundation for Education Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MD. Charities of a similar size with the same main cause include Dove Healthcare Community Foundation ($360k), Delta Circles Inc ($360k) and Shepherds Center of Northern Virginia ($360k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $65k (19% of expenses). Other salaries and wages came to $93k. At year end it held assets of $1.2m against liabilities of $24k, net assets of $1.1m. It reported 4 employees.