My Own Place Inc

Analysis

My Own Place Inc is a registered charity in United States, based in Hyattsville, MD. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover mental health and crisis intervention, 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 September 2023, My Own Place Inc reported income of $14.1m and spending of $10.5m, leaving 26% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.6m to $14.1m (+64%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 36%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, My Own Place Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MD. Charities of a similar size with the same main cause include Crouse-Community Center Inc ($14.1m), Hoosier Cancer Research Network Inc ($14.1m) and Christian Health Care Center ($14.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 15% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $675k (6.5% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $18.8m against liabilities of $4.6m, net assets of $14.2m. It reported 126 employees.