Plast Foundation Inc

Analysis

Plast Foundation Inc is a registered charity in United States, based in West Windsor, NJ. It received its IRS tax-exemption ruling in February 1968, 58 years ago. 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, Plast Foundation Inc reported income of $179k and spending of $134k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $193k to $179k (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2020, when income dropped by 107%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plast Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 58th percentile within NJ. Charities of a similar size with the same main cause include Northshore Youth Basketball Association ($179k), Alpha Pregnancy Problem Center of Batesville Inc ($179k) and Mobile Meals ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% of the total. At year end it held assets of $1.2m against liabilities of $15k, net assets of $1.2m.