Sparrow Place

Analysis

Sparrow Place is a registered charity in United States, based in Shrewsbury, PA. It received its IRS tax-exemption ruling in April 2018, 8 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 (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, Sparrow Place reported income of $147k and spending of $171k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $60k to $147k (+145%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 97%. Over the whole period it spent 68% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Sparrow Place sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within PA. Charities of a similar size with the same main cause include Partridge Place ($147k), New Hope Apartments Inc ($147k) and Tmhsa Housing ($147k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Other salaries and wages came to $69k. At year end it held assets of $526k against liabilities of $203k, net assets of $323k.