My Sisters Place Inc

Analysis

My Sisters Place Inc is a registered charity in United States, based in Calera, AL. It received its IRS tax-exemption ruling in April 2012, 14 years ago. 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, My Sisters Place Inc reported income of $728k and spending of $744k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $728k (+170%), an average of +28% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, My Sisters Place Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within AL. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($728k), Boys & Girls Club of Harrisburg Inc ($728k) and The San Juan Foundation ($728k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 83% of the total. Other salaries and wages came to $295k. At year end it held assets of $756k against liabilities of $556k, net assets of $200k. It reported 21 employees.