Planned Lifetime Assistance Network of Northeast Ohio

Analysis

Planned Lifetime Assistance Network of Northeast Ohio is a registered charity in United States, based in Pepper Pike, OH. It received its IRS tax-exemption ruling in August 1989, 37 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 June 2023, Planned Lifetime Assistance Network of Northeast Ohio reported income of $178k and spending of $207k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $213k to $178k (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Planned Lifetime Assistance Network of Northeast Ohio sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OH. Charities of a similar size with the same main cause include Little League Baseball Inc ($178k), Childrens Art Foundation-Stone Soup Inc ($178k) and International Genetic Epidemiology Society Inc ($178k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $8,241 (4.0% of expenses). Other salaries and wages came to $95k. At year end it held assets of $4.0m against liabilities of $17k, net assets of $4.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.