The Place4grace

Analysis

The Place4grace is a registered charity in United States, based in Menifee, CA. It received its IRS tax-exemption ruling in June 2020, 6 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, The Place4grace reported income of $1.1m and spending of $933k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $360k to $1.1m (+193%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Place4grace sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Assistance League of Santa Ana ($1.1m), Renew Communities NFP ($1.1m) and Foster Advocates ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $257k (28% of expenses). Other salaries and wages came to $139k. It paid $2,359 in professional fundraising fees. At year end it held assets of $481k against liabilities of $25k, net assets of $455k. It reported 4 employees.