Rick S Place Inc

Analysis

Rick S Place Inc is a registered charity in United States, based in Wilbraham, MA. It received its IRS tax-exemption ruling in February 2009, 17 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, Rick S Place Inc reported income of $385k and spending of $252k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $214k to $385k (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rick S Place Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within MA. Charities of a similar size with the same main cause include Rising Star Inc Learning Center ($385k), Crowley House of Hope ($385k) and Auglaize County Crisis Center Inc ($385k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $73k (29% of expenses). Other salaries and wages came to $89k. At year end it held assets of $866k against liabilities of $0, net assets of $866k. It reported 4 employees.