Williams Place Inc

Analysis

Williams Place Inc is a registered charity in United States, based in Cayce, SC. It received its IRS tax-exemption ruling in April 2011, 15 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 June 2024, Williams Place Inc reported income of $99k and spending of $140k, spending 141% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $87k to $99k (+14%), an average of +3.3% a year. Over the whole period it spent 144% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Williams Place Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include Apostolic Encounter Inc ($99k), National Association for English Learner Program Administrators ($99k) and Nepalbaama Foundation ($99k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $23k. At year end it held assets of $1.2m against liabilities of $1.7m, net assets of -$522k.

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.