Discovery Place

Analysis

Discovery Place is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in August 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Discovery Place reported income of $418k and spending of $372k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $245k to $418k (+71%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 84%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Discovery Place sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 65th percentile within MO. Charities of a similar size with the same main cause include Synaptiv Inc ($418k), Stratford Area Youth Care Agency Inc ($418k) and Ashland Assisted Living Inc ($418k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 68% of the total. Compensation of current officers, directors and key employees was $72k (19% of expenses). Other salaries and wages came to $223k. At year end it held assets of $458k against liabilities of $134k, net assets of $324k. It reported 13 employees.