Mikeys Place

Analysis

Mikeys Place is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in August 2011, 15 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, Mikeys Place reported income of $236k and spending of $165k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $236k (+140%), an average of +140% a year. The sharpest change came in the year to December 2023, when income rose by 140%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mikeys Place sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Dream Team Foundation Inc ($236k), My Brothers Keeper Inc ($236k) and Jada House International Inc ($236k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 43% of the total. Other salaries and wages came to $108k. At year end it held assets of $144k against liabilities of $0, net assets of $144k.