Places Inc

Analysis

Places Inc is a registered charity in United States, based in Oakwood, OH. It received its IRS tax-exemption ruling in January 1989, 37 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Places Inc reported income of $4.8m and spending of $4.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.8m to $4.8m (+28%), an average of +6.3% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Places Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Deaconess Vna Plus LLC ($4.8m), Tara Treatment Center Inc ($4.8m) and Make a Wish Foundation of Oregon Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $129k (2.8% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $2.8m against liabilities of $1.0m, net assets of $1.7m. It reported 84 employees.