Plum Tree Educational Services

Analysis

Plum Tree Educational Services is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in May 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Plum Tree Educational Services reported income of $626k and spending of $530k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $429k to $626k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Plum Tree Educational Services sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within KY. Charities of a similar size with the same main cause include Top Notch Scholars Inc ($626k), Catching the Dream ($626k) and Cottonwood Alc Inc ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $99k (19% of expenses). Other salaries and wages came to $288k. At year end it held assets of $468k against liabilities of $54k, net assets of $414k. It reported 19 employees.