United Planet Corp

Analysis

United Planet Corp is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, United Planet Corp reported income of $578k and spending of $705k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $664k to $578k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, United Planet Corp sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within MA. Charities of a similar size with the same main cause include Ugm of Salem Support Corporation ($578k), Los Altos Chinese School Childrens Center ($578k) and Montessori Del Mar Community School ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 10% and program service revenue 88% of the total. Other salaries and wages came to $366k. At year end it held assets of $651k against liabilities of $152k, net assets of $498k. It reported 8 employees.