Someplace Special Inc

Analysis

Someplace Special Inc is a registered charity in United States, based in Schertz, TX. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Someplace Special Inc reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $927k to $1.1m (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Someplace Special Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Little Hands Virginia Inc ($1.1m), Young Mens Christian Association of Greater Clinton South Carolina Inc ($1.1m) and Fair Haven Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.7% and program service revenue 91% of the total. Other salaries and wages came to $672k. At year end it held assets of $417k against liabilities of $115k, net assets of $302k. It reported 38 employees.