My Place to Be

Analysis

My Place to Be is a registered charity in United States, based in Newark, OH. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, My Place to Be reported income of $798k and spending of $777k, spending 97% of its income. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, My Place to Be sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within OH. Charities of a similar size with the same main cause include Ace Mentor Los Angeles Metropolitan Area Inc ($798k), Northeast LA Forest School ($799k) and Wheaton Academy Foundation ($798k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $61k (7.8% of expenses). Other salaries and wages came to $393k. At year end it held assets of $226k against liabilities of $58k, net assets of $169k. It reported 20 employees.