Katies Place of Shippensburg Inc

Analysis

Katies Place of Shippensburg Inc is a registered charity in United States, based in Shippensburg, PA. It received its IRS tax-exemption ruling in October 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, Katies Place of Shippensburg Inc reported income of $259k and spending of $107k, leaving 59% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $116k to $259k (+122%), an average of +30% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 48% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Katies Place of Shippensburg Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Red Rose Inspiration for Animals Inc ($259k), The Undefeated Foundation Inc ($259k) and Friends of Children of Walla Walla ($259k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 21% of the total. At year end it held assets of $1.1m against liabilities of $62k, net assets of $1.0m.