Classic Planning Institute

Analysis

Classic Planning Institute is a registered charity in United States, based in Scarborough, ME. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Classic Planning Institute reported income of $126k and spending of $141k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $126k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Classic Planning Institute sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 36th percentile within ME. Charities of a similar size with the same main cause include Retake Remake Incorporated ($126k), Chamber of Commerce of Eastern Connecticut Foundation Inc ($126k) and National Trumpet Competition Association ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $14k against liabilities of $26k, net assets of -$13k.