Ploughshares Fund Inc

Analysis

Ploughshares Fund Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in November 1981, 45 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Ploughshares Fund Inc reported income of $9.1m and spending of $9.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $9.1m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 44%. Over the whole period it spent 114% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ploughshares Fund Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Adventist Frontier Missions Inc ($9.1m), Yeshivas Chasidei Belz-Belz Institutions in Israel ($9.1m) and Samu Foundation ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $930k (10% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $31.7m against liabilities of $3.4m, net assets of $28.4m. It reported 21 employees.