Park Place of Hampton Corporation

Analysis

Park Place of Hampton Corporation is a registered charity in United States, based in Hampton, IA. It received its IRS tax-exemption ruling in September 1996, 30 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Park Place of Hampton Corporation reported income of $55k and spending of $64k, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $64k to $55k (-14%), an average of -4.9% a year. Over the whole period it spent 115% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Park Place of Hampton Corporation sits at the 17th percentile: it is larger than about 17% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IA. Charities of a similar size with the same main cause include Louisiana Academy of Family Physicians Foundations Inc ($55k), Andrews Firefly Fund ($55k) and Union County Pregnancy Center ($55k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $383k against liabilities of $732k, net assets of -$349k.

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.