Plus Charities

Analysis

Plus Charities is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Plus Charities reported income of $133k and spending of $96k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $140k to $133k (-4.9%), an average of -2.5% a year. Over the whole period it spent 64% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Plus Charities sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within IA. Charities of a similar size with the same main cause include Rose Conservatory ($133k), Festival Ballet of North Central Texas Inc ($133k) and Marble City Opera Company ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. At year end it held assets of $288k against liabilities of $0, net assets of $288k.