Sixty Two Plaza Central Inc

Analysis

Sixty Two Plaza Central Inc is a registered charity in United States, based in Easley, SC. It received its IRS tax-exemption ruling in October 1987, 39 years ago. 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 June 2023, Sixty Two Plaza Central Inc reported income of $275k and spending of $203k, leaving 26% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $267k to $275k (+3.3%), an average of +0.8% a year. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sixty Two Plaza Central Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 65th percentile within SC. Charities of a similar size with the same main cause include Berkshire Film and Media Collaborative ($275k), Los Angeles Kwan Um Sa Temple of Korean Buddhist Jogye Order Inc ($275k) and Manitowoc County Youth Hockey Association Inc ($275k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. At year end it held assets of $605k against liabilities of $459k, net assets of $146k.