Tonys Place

Analysis

Tonys Place is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in September 2015, 11 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, Tonys Place reported income of $337k and spending of $283k, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $256k to $337k (+32%), an average of +9.6% a year. The sharpest change came in the year to December 2023, when income rose by 236%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tonys Place sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include STS Francis and Alphonsus ($337k), Oaks Parent Child Workshop ($337k) and Middleton Food Pantry ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $31k (11% of expenses). Other salaries and wages came to $68k. At year end it held assets of $222k against liabilities of $2,711, net assets of $220k. It reported 7 employees.