Planetree International Inc

Analysis

Planetree International Inc is a registered charity in United States, based in Derby, CT. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Planetree International Inc reported income of $3.5m and spending of $3.8m, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.8m to $3.5m (-27%), an average of -7.7% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Planetree International Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include Bayfront Youth and Family Services ($3.5m), Penndel Middletown Emergency Squad ($3.5m) and Dyslexia Association of Greater Baton Rouge Incorporated ($3.5m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $259k (6.9% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.5m against liabilities of $5.7m, net assets of -$294k. It reported 17 employees.