Friends of Plum Media Inc

Analysis

Friends of Plum Media Inc is a registered charity in United States, based in Milwaukee, WI. It received its IRS tax-exemption ruling in November 2021, 5 years ago. 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 February 2024, Friends of Plum Media Inc reported income of $442k and spending of $318k, leaving 28% of income unspent that year. Across the 3 years on record, from February 2022 to February 2024, income fell from $790k to $442k (-44%), an average of -25% a year. The sharpest change came in the year to February 2023, when income dropped by 36%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Plum Media Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within WI. Charities of a similar size with the same main cause include The Rose and David Dortort Foundation ($442k), Oregon & SW Washington Drywall Finishers Jatc Trust ($442k) and Project Home Again ($442k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $194k against liabilities of $26k, net assets of $168k.