Sarahs Place Inc

Analysis

Sarahs Place Inc is a registered charity in United States, based in Glendale, AZ. It received its IRS tax-exemption ruling in October 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sarahs Place Inc reported income of $1.7m and spending of $1.4m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.7m (+10%), an average of +2.5% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sarahs Place Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Bonifacio Cora Texidor Housing Developement Fund Corp ($1.7m), Serenity Seniors Home Inc ($1.7m) and Bluestem Development Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $708k. At year end it held assets of $5.7m against liabilities of $3.5m, net assets of $2.2m.