Plunum Health

Analysis

Plunum Health is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Plunum Health reported income of $937k and spending of $1.1m, spending 116% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $310k to $937k (+202%), an average of +45% a year. The sharpest change came in the year to June 2022, when income rose by 690%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Plunum Health sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Vision-Aid Incorporated ($937k), Abraham Lincoln Healthcare Foundation ($937k) and Miami-Dade Area Health Education Center Program Inc ($937k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.0m against liabilities of $44k, net assets of $961k.