The Plexus Education Foundation Inc

Analysis

The Plexus Education Foundation Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Plexus Education Foundation Inc reported income of $138k and spending of $91k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $20k to $138k (+589%), an average of +589% a year. The sharpest change came in the year to December 2023, when income rose by 589%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Plexus Education Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OH. Charities of a similar size with the same main cause include Deaf Defy ($138k), Childrens Center for Self-Esteem Inc ($138k) and French Missionary Federation International ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 1.8% of the total. At year end it held assets of $227k against liabilities of $92k, net assets of $136k.