Mock Place Inc

Analysis

Mock Place Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in August 1982, 44 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Mock Place Inc reported income of $401k and spending of $369k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $362k to $401k (+11%), an average of +2.6% a year. Over the whole period it spent 91% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mock Place Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Friendship House North Two Inc ($401k), Lillie Joe Windley Housing Inc ($401k) and Family Apartments ($401k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 33% of the total. At year end it held assets of $675k against liabilities of $1.1m, net assets of -$461k.