Planetwork Ngo Inc

Analysis

Planetwork Ngo Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Planetwork Ngo Inc reported income of $204k and spending of $40k, leaving 80% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $309k to $204k (-34%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 190%. Over the whole period it spent 62% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Planetwork Ngo Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within CA. Charities of a similar size with the same main cause include Stillwater Public Education Foundation ($204k), Torat Moshe Malka Inc ($204k) and Lincoln County Public Education Foundation ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $649k against liabilities of $47k, net assets of $602k.