One-Eighty Place

Analysis

One-Eighty Place is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in June 1985, 41 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 2023, One-Eighty Place reported income of $14.2m and spending of $14.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $14.2m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 85% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, One-Eighty Place sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within SC. Charities of a similar size with the same main cause include Wesley Homes Inc ($14.2m), Miami Rescue Mission Broward Outreach Centers Inc ($14.2m) and Faith Mission Inc ($14.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 102% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $315k (2.2% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $21.9m against liabilities of $2.7m, net assets of $19.2m. It reported 137 employees.