Plainfield Eid Corp

Analysis

Plainfield Eid Corp is a registered charity in United States, based in Plainfield, IN. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Plainfield Eid Corp reported income of $646k and spending of $421k, leaving 35% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $893k to $646k (-28%), an average of -10% a year. The sharpest change came in the year to December 2022, when income rose by 26%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Plainfield Eid Corp sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Transitional Training Services NFP ($645k), Equity Works Inc ($646k) and Hip Healthy Innovative Processes ($645k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $1.4m against liabilities of $32k, net assets of $1.3m.