Appropriate Place Inc

Analysis

Appropriate Place Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in July 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Appropriate Place Inc reported income of $419k and spending of $408k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $274k to $419k (+53%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Appropriate Place Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 73rd percentile within NJ. Charities of a similar size with the same main cause include Sobel Family Supporting Foundation Inc ($418k), Insaan Group ($419k) and Pa Professional Firefighters Association Charitable Foundation ($418k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). Other salaries and wages came to $98k. At year end it held assets of $9,974 against liabilities of $31k, net assets of -$21k. It reported 7 employees.