Regional Plan Association Inc

Analysis

Regional Plan Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1929, 97 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 (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, Regional Plan Association Inc reported income of $6.3m and spending of $6.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.5m to $6.3m (+38%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 96% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Regional Plan Association Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Southeast Coastal Ocean Observing Regional Association ($6.3m), Trickle Up Program Inc ($6.3m) and Northeast Indian Works Inc ($6.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% of the total. Compensation of current officers, directors and key employees was $441k (7.2% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $8.0m against liabilities of $2.1m, net assets of $5.9m. It reported 47 employees.