Deporres P L a C E Inc

Analysis

Deporres P L a C E Inc is a registered charity in United States, based in West Palm Beach, FL. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Deporres P L a C E Inc reported income of $203k and spending of $308k, spending 152% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $390k to $203k (-48%), an average of -20% a year. The sharpest change came in the year to June 2022, when income dropped by 40%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Deporres P L a C E Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include Roy Gomm Parent Faculty Association ($203k), Friends of Richmond Community High School ($203k) and Mandela International Magnet School Education Foundation ($203k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (17% of expenses). Other salaries and wages came to $84k. At year end it held assets of $378k against liabilities of $2,054, net assets of $376k. It reported 9 employees.