Dwelling Place

Analysis

Dwelling Place is a registered charity in United States, based in Columbia HTS, MN. It received its IRS tax-exemption ruling in March 1999, 27 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, Dwelling Place reported income of $1.8m and spending of $1.5m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $859k to $1.8m (+115%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Dwelling Place sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MN. Charities of a similar size with the same main cause include Rebound Inc ($1.8m), American Association of Caregiving Youth Inc ($1.8m) and Friends of Yates Branch Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $106k (7.1% of expenses). Other salaries and wages came to $709k. At year end it held assets of $2.4m against liabilities of $241k, net assets of $2.1m. It reported 24 employees.