Billys Place Inc

Analysis

Billys Place Inc is a registered charity in United States, based in Peoria, AZ. It received its IRS tax-exemption ruling in June 2014, 12 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, Billys Place Inc reported income of $501k and spending of $508k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $163k to $501k (+208%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Billys Place Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 68th percentile within AZ. Charities of a similar size with the same main cause include Credit Counseling Center ($501k), Longville Area Food Shelf ($501k) and Touchstone Farm Inc ($501k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% of the total. Compensation of current officers, directors and key employees was $40k (7.9% of expenses). At year end it held assets of $121k against liabilities of $86k, net assets of $35k. It reported 10 employees.