Theres Is No Place Like Home Microboard Inc

Analysis

Theres Is No Place Like Home Microboard Inc is a registered charity in United States, based in Lowell, IN. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Theres Is No Place Like Home Microboard Inc reported income of $386k and spending of $733k, spending 190% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $818k to $386k (-53%), an average of -22% a year. The sharpest change came in the year to June 2023, when income dropped by 47%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Theres Is No Place Like Home Microboard Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Food and Planet ($386k), Fish ($386k) and Fish of South Valley San Jose ($386k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 110% of the total. Other salaries and wages came to $273k. At year end it held assets of $244k against liabilities of $0, net assets of $244k. It reported 14 employees.