Mitchells Place Inc

Analysis

Mitchells Place Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mitchells Place Inc reported income of $5.3m and spending of $5.5m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.0m to $5.3m (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mitchells Place Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Peacehealth Sacred Heart Medical Center Foundation ($5.3m), Windwood Farm Home for Children Inc ($5.3m) and McLaren Northern Michigan Foundatio N ($5.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $585k (11% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $3.4m against liabilities of $2.3m, net assets of $1.1m. It reported 131 employees.