Plattsmouth Education Foundation

Analysis

Plattsmouth Education Foundation is a registered charity in United States, based in Plattsmouth, NE. It received its IRS tax-exemption ruling in November 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Plattsmouth Education Foundation reported income of $295k and spending of $273k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $295k (+23%), an average of +5.3% a year. The sharpest change came in the year to December 2021, when income rose by 41%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plattsmouth Education Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NE. Charities of a similar size with the same main cause include Center in the Woods Inc ($295k), PTA Texas Congress ($295k) and Peoria Art Guild ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% and program service revenue 98% of the total. Other salaries and wages came to $97k. At year end it held assets of $376k against liabilities of $0, net assets of $376k. It reported 24 employees.