A Starting Place Inc

Analysis

A Starting Place Inc is a registered charity in United States, based in Pearl River, NY. It received its IRS tax-exemption ruling in September 1986, 40 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, A Starting Place Inc reported income of $7.1m and spending of $6.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $7.1m (+33%), an average of +7.3% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Starting Place Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Waverly Care Center Inc ($7.1m), Opportunities Unlimited ($7.2m) and Brother Bills Helping Hand ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $320k (4.9% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $5.3m against liabilities of $3.4m, net assets of $1.9m. It reported 199 employees.