My Place Center for Wellness Inc

Analysis

My Place Center for Wellness Inc is a registered charity in United States, based in Oak Park, MI. It received its IRS tax-exemption ruling in November 2017, 9 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 September 2023, My Place Center for Wellness Inc reported income of $280k and spending of $285k, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $270k to $280k (+3.4%), an average of +0.8% a year. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Place Center for Wellness Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within MI. Charities of a similar size with the same main cause include El Paso Civic Education Organization ($280k), Marian Manor Apartments Inc ($280k) and Gary Neighborhood Services Inc ($279k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $118k (41% of expenses). At year end it held assets of $0 against liabilities of $14k, net assets of -$14k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.