Pond Plain Improvement Assoc

Analysis

Pond Plain Improvement Assoc is a registered charity in United States, based in S Weymouth, MA. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Pond Plain Improvement Assoc reported income of $122k and spending of $90k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $22k to $122k (+453%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 402%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Pond Plain Improvement Assoc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 48th percentile within MA. Charities of a similar size with the same main cause include Ahava Ministries Inc ($122k), That Suits You Inc ($122k) and Kiwanis Club of Deerfield Beach Charitable Foundation Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 28% of the total. At year end it held assets of $580k against liabilities of $0, net assets of $580k.