Safe & Sound

Analysis

Safe & Sound is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 1976, 50 years ago. 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 & Sound reported income of $10.4m and spending of $13.0m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.2m to $10.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 107%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Safe & Sound sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Ronald McDonald House Philadelphia ($10.4m), The Pacific Forest Trust Incorporated ($10.4m) and Metro Deaf School Inc ($10.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $1.2m (9.0% of expenses). Other salaries and wages came to $5.0m. It paid $60k in professional fundraising fees. At year end it held assets of $21.5m against liabilities of $1.6m, net assets of $19.9m. It reported 89 employees.