A Place to Belong

Analysis

A Place to Belong is a registered charity in United States, based in Fergus Falls, MN. It received its IRS tax-exemption ruling in August 1997, 29 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 December 2023, A Place to Belong reported income of $223k and spending of $206k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $241k to $223k (-7.5%), an average of -1.9% a year. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, A Place to Belong sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include First Baptist Cares Inc ($223k), Joshuas Storehouse & Distribution Center ($223k) and Multi-Cultural Resource Center for Children & Families Inc ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $55k (27% of expenses). Other salaries and wages came to $44k. It paid $14k in professional fundraising fees. At year end it held assets of $417k against liabilities of $1,763, net assets of $415k. It reported 2 employees.