Plymouth Place Inc

Analysis

Plymouth Place Inc is a registered charity in United States, based in LA Grange Park, IL. It received its IRS tax-exemption ruling in December 1944, 82 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, Plymouth Place Inc reported income of $37.9m and spending of $38.6m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $32.2m to $37.9m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Plymouth Place Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Life Circles ($37.8m), Manna Food Bank ($37.9m) and Northern Virginia Family Services Inc ($37.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $477k (1.2% of expenses). Other salaries and wages came to $12.4m. At year end it held assets of $262.3m against liabilities of $311.0m, net assets of -$48.6m. It reported 511 employees.

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.