Park Place Corporation

Analysis

Park Place Corporation is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in August 1987, 39 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 September 2024, Park Place Corporation reported income of $102k and spending of $86k, spending 85% of its income. Across the 4 years on record, from September 2021 to September 2024, income grew from $89k to $102k (+15%), an average of +4.6% a year. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Park Place Corporation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within AL. Charities of a similar size with the same main cause include Parker House Project ($102k), Stepping Stones of Windsor ($102k) and Gracemont House Inc ($102k).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $162k against liabilities of $153k, net assets of $9,762.