Kathys Place

Analysis

Kathys Place is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in January 2023, 3 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, Kathys Place reported income of $462k and spending of $142k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $462k (+639%), an average of +639% a year. The sharpest change came in the year to December 2023, when income rose by 639%. Over the whole period it spent 39% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Kathys Place 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 69th percentile within OR. Charities of a similar size with the same main cause include LA Puerta Abierta Inc ($462k), Ellis Hollow Community Center Inc ($462k) and Lemons ($462k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $76k (54% of expenses). At year end it held assets of $322k against liabilities of $2,787, net assets of $320k. It reported 1 employees.