Ploughshare Institute for Sustainable Culture

Analysis

Ploughshare Institute for Sustainable Culture is a registered charity in United States, based in Elm Mott, TX. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Ploughshare Institute for Sustainable Culture reported income of $319k and spending of $368k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $523k to $319k (-39%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ploughshare Institute for Sustainable Culture sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Xbot Robotics ($319k), Total Beauty Institute ($319k) and Cheyenne PTO Inc ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.6% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $34k (9.2% of expenses). Other salaries and wages came to $77k. At year end it held assets of $1.8m against liabilities of $95k, net assets of $1.7m. It reported 15 employees.