Plymouth School

Analysis

Plymouth School is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 1972, 54 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 July 2023, Plymouth School reported income of $575k and spending of $606k, spending 105% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $437k to $575k (+32%), an average of +9.6% a year. The sharpest change came in the year to July 2022, when income rose by 44%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Plymouth School sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within CA. Charities of a similar size with the same main cause include McKenzie County Heritage Association ($575k), Alex Eligh Community Center Inc ($576k) and Westlake High Booster Club Inc ($575k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $71k (12% of expenses). Other salaries and wages came to $335k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.