Plainfield Symphony Society Inc

Analysis

Plainfield Symphony Society Inc is a registered charity in United States, based in Plainfield, NJ. It received its IRS tax-exemption ruling in November 1968, 58 years ago. 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 May 2024, Plainfield Symphony Society Inc reported income of $160k and spending of $152k, spending 95% of its income. Across the 2 years on record, from May 2023 to May 2024, income grew from $143k to $160k (+12%), an average of +12% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plainfield Symphony Society Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include McFarland Family Resource Center ($160k), Cupertino Historical Society Inc ($160k) and Reedville Baseball Inc ($160k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 69% and program service revenue 16% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.