Mollys Place

Analysis

Mollys Place is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in January 2005, 21 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Mollys Place reported income of $97k and spending of $111k, spending 114% of what it took in. Across the 4 years on record, from December 2018 to December 2023, income fell from $399k to $97k (-76%), an average of -38% a year. The sharpest change came in the year to December 2022, when income dropped by 63%. Over the whole period it spent 111% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Mollys Place sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Washington Ferret Association ($97k), Start II of Bergen County a New Jersey Non Profit Corporation ($97k) and Happy Bark ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $120k against liabilities of $232k, net assets of -$112k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.