Plainsboro Non Profit Housing Corporation

Analysis

Plainsboro Non Profit Housing Corporation is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Plainsboro Non Profit Housing Corporation reported income of $1.9m and spending of $2.1m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $1.9m (+12%), an average of +3.0% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Plainsboro Non Profit Housing Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Lake Ridge Elderly Development Inc ($1.9m), Habitat for Humanity of Oshkosh Inc ($1.9m) and I-Reach 2 ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $271k. At year end it held assets of $7.2m against liabilities of $7.0m, net assets of $205k.