Raleighs Place

Analysis

Raleighs Place is a registered charity in United States, based in Clanton, AL. It received its IRS tax-exemption ruling in April 2006, 20 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, Raleighs Place reported income of $405k and spending of $360k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $419k to $405k (-3.4%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income rose by 16%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Raleighs Place sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Robbery Investigators of Texas Inc ($405k), Tuckers Day Care Center ($405k) and Shelter Society Inc ($405k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $114k. At year end it held assets of $1.1m against liabilities of $6,031, net assets of $1.1m. It reported 19 employees.