Plant Powered Metro New York Inc

Analysis

Plant Powered Metro New York Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Plant Powered Metro New York Inc reported income of $399k and spending of $614k, spending 154% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $638k to $399k (-37%), an average of -37% a year. The sharpest change came in the year to June 2023, when income dropped by 37%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Plant Powered Metro New York Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include Parkview Center Inc ($399k), Alchemy Inc ($399k) and National Alliance for Medicaid in Education Inc ($399k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. Other salaries and wages came to $448k. At year end it held assets of $63k against liabilities of $24k, net assets of $39k. It reported 10 employees.