Plumfield Inc

Analysis

Plumfield Inc is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in October 1964, 62 years ago. 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 June 2023, Plumfield Inc reported income of $2.5m and spending of $1.0m, leaving 59% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $2.5m (+102%), an average of +19% a year. The sharpest change came in the year to June 2023, when income rose by 153%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plumfield Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Interdisciplinary Council on Developmental and Learning ($2.5m), Cabrini Immigrant Services of New York City Inc ($2.5m) and Gatari Child Development Center ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.6% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $97k (9.4% of expenses). Other salaries and wages came to $529k. At year end it held assets of $2.7m against liabilities of $88k, net assets of $2.6m. It reported 11 employees.