A Place of Refuge

Analysis

A Place of Refuge is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, A Place of Refuge reported income of $205k and spending of $37k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $32k to $205k (+543%), an average of +543% a year. The sharpest change came in the year to December 2023, when income rose by 543%. Over the whole period it spent 29% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, A Place of Refuge sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Quincy United Soccer Club Inc ($205k), Change the World Kids Inc ($205k) and Juvenile Justice Advocates of California ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $4,500 (12% of expenses). Other salaries and wages came to $500. At year end it held assets of $220k against liabilities of $1,680, net assets of $218k.