P L U S Charitable Trust Inc

Analysis

P L U S Charitable Trust Inc is a registered charity in United States, based in Great Neck, NY. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, P L U S Charitable Trust Inc reported income of $159k and spending of $171k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $159k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 120% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, P L U S Charitable Trust Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Curing Retinal Blindness Foundation Inc ($159k), Shoopy Scramble Charity ($159k) and McCormick Gives Inc ($159k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.