Plymouth Place Inc

Analysis

Plymouth Place Inc is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in July 1965, 61 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Plymouth Place Inc reported income of $161k and spending of $3,049, leaving 98% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $109k to $161k (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 87%. Over the whole period it spent 3.2% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Plymouth Place Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IA. Charities of a similar size with the same main cause include MZ Shirliz Tansitional ($161k), Alameda Gardens Inc ($161k) and Latvian Evangelical Lutheran Church Home for the Elderly Inc ($161k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 7.7% of the total. At year end it held assets of $8.5m against liabilities of $0, net assets of $8.5m.