Plumline

Analysis

Plumline is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover human services, 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 December 2023, Plumline reported income of $412k and spending of $413k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $356k to $412k (+16%), an average of +7.6% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Plumline 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 68th percentile within TN. Charities of a similar size with the same main cause include Altoona Rescue Mission Inc ($412k), St Vincent de Paul Archdiocesan Council of New Orleans ($412k) and Cape Verdean Community Unido ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $217k (52% of expenses). At year end it held assets of $143k against liabilities of $34k, net assets of $109k.