The Plato Society of Los Angeles

Analysis

The Plato Society of Los Angeles is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in September 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, The Plato Society of Los Angeles reported income of $455k and spending of $404k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $439k to $455k (+3.5%), an average of +0.9% a year. The sharpest change came in the year to June 2023, when income rose by 471%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Plato Society of Los Angeles sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Crown Pointe Academy Building Corporation ($455k), Lake Cumberland Wildlife Refuge Inc ($455k) and Diablo Valley College Foundation ($455k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 24% and program service revenue 48% of the total. Other salaries and wages came to $106k. At year end it held assets of $2.4m against liabilities of $11k, net assets of $2.4m. It reported 2 employees.