Decatur Place

Analysis

Decatur Place is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2012, 14 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Decatur Place reported income of $1.9m and spending of $2.1m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.9m (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Decatur Place sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Greater Harlem Housing Development Corporation ($1.9m), Habitat for Humanity International Inc ($1.9m) and Packer Apartments Corporation ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% and program service revenue 18% of the total. At year end it held assets of $5.2m against liabilities of $4.7m, net assets of $583k.