Placemade

Analysis

Placemade is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Placemade reported income of $663k and spending of $654k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $912k to $663k (-27%), an average of -7.7% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. Over the whole period it spent 83% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Placemade sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Industrial Opportunities Inc ($663k), Near West Side Initiative Inc ($663k) and The Wechsler Foundation ($662k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 14% of the total. At year end it held assets of $16.9m against liabilities of $8.2m, net assets of $8.7m.