One Place of the Shoals Inc

Analysis

One Place of the Shoals Inc is a registered charity in United States, based in Florence, AL. It received its IRS tax-exemption ruling in August 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 September 2023, One Place of the Shoals Inc reported income of $546k and spending of $444k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $187k to $546k (+193%), an average of +31% a year. The sharpest change came in the year to September 2020, when income rose by 73%. 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, One Place of the Shoals Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Travelers Aid Society of San Diego Inc ($546k), Full Filled Project Inc ($546k) and LA Forza Soccer Club ($546k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $862k against liabilities of $133k, net assets of $729k.