A Place for Ace Inc

Analysis

A Place for Ace Inc is a registered charity in United States, based in Malden, MA. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 January 2024, A Place for Ace Inc reported income of $54k and spending of $52k, spending 98% of its income. Across the 2 years on record, from January 2023 to January 2024, income fell from $76k to $54k (-30%), an average of -30% a year. The sharpest change came in the year to January 2024, when income dropped by 30%. Over the whole period it spent 107% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, A Place for Ace Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 30th percentile within MA. Charities of a similar size with the same main cause include Paws and Claws of the Coastal Bend ($54k), Mid Atlantic Scottish Terrier Education and Rescue ($54k) and Kitten Rescue 101 ($54k).

On its Form 990-EZ for the period ending January 2024, revenue came from contributions and grants 10% and program service revenue 90% of the total. At year end it held assets of $4,898 against liabilities of $0, net assets of $4,898.