Places and Programs for Children Inc

Analysis

Places and Programs for Children Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in January 1951, 75 years ago. 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 June 2024, Places and Programs for Children Inc reported income of $6.6m and spending of $7.0m, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $4.8m to $6.6m (+39%), an average of +6.8% a year. The sharpest change came in the year to June 2022, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Places and Programs for Children Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Archaeological Conservancy ($6.6m), Peoria Christian School Inc ($6.6m) and Traditions at Mill Run ($6.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $139k (2.0% of expenses). Other salaries and wages came to $3.9m. At year end it held assets of $5.5m against liabilities of $2.1m, net assets of $3.4m. It reported 185 employees.