A Place to Be

Analysis

A Place to Be is a registered charity in United States, based in Middleburg, VA. It received its IRS tax-exemption ruling in November 2011, 15 years ago. 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 August 2023, A Place to Be reported income of $3.3m and spending of $2.6m, leaving 21% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $2.0m to $3.3m (+66%), an average of +14% a year. The sharpest change came in the year to August 2023, when income rose by 79%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Place to Be sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within VA. Charities of a similar size with the same main cause include Clear Motivations ($3.3m), Greenwood School Inc ($3.3m) and Progress Enterprises Inc ($3.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $386k (15% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.0m against liabilities of $283k, net assets of $3.7m. It reported 29 employees.