Our Place Company

Analysis

Our Place Company is a registered charity in United States, based in Loudon, TN. It received its IRS tax-exemption ruling in June 2020, 6 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 December 2023, Our Place Company reported income of $461k and spending of $336k, leaving 27% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $491k to $461k (-6.1%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 50%. Over the whole period it spent 35% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Our Place Company sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Eshara ($460k), Knox County Community Gardens and Growers Alliance ($461k) and Love Life Foundation ($460k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $104k (31% of expenses). Other salaries and wages came to $59k. At year end it held assets of $1.8m against liabilities of $410k, net assets of $1.4m. It reported 9 employees.