A Place Called Home

Analysis

A Place Called Home is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, A Place Called Home reported income of $5.7m and spending of $9.8m, spending 173% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.8m to $5.7m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2020, when income rose by 97%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, A Place Called Home sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Cny Works Inc ($5.7m), Demos a Network for Ideas and Action Ltd ($5.7m) and Ocean Reef Medical Center Foundation Inc ($5.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $973k (10.0% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $16.1m against liabilities of $682k, net assets of $15.4m. It reported 120 employees.