L — Housing & ShelterEIN: 237367331· Ruling Year: 1974

Project Plase Inc

Baltimore, Maryland

B+Health Score
68B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$8.7M
Total Revenue
📊
$8.6M
Total Expenses
🏦
$5.4M
Net Assets
📋
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.0%
Year-over-year change (2022 → 2023)
Net Margin
+1.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.63
Net assets divided by total expenses
Liabilities-to-Assets
22.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$8,731,233↓9%$8,591,919↓7%$6,936,253↑1%
2022$9,590,103↑10%$9,203,168↑4%$6,840,900↑12%
2021$8,736,847↑12%$8,810,732↑14%$6,132,817↓1%
2020$7,796,235↑6%$7,751,905↑7%$6,182,020↑22%
2019$7,346,202$7,219,687$5,059,442↑4%
2018$7,364,504↑7%$7,240,854↑11%$4,883,969↓1%
2017$6,890,361↑9%$6,510,553↑7%$4,912,348↑5%
2016$6,326,958↑7%$6,101,727↑6%$4,687,050
2015$5,930,235↑13%$5,753,001↑15%$4,702,357↓3%
2014$5,234,833↑3%$5,018,122↑30%$4,833,979↑19%
2013$5,093,310↑34%$3,861,743$4,049,302↑44%
2012$3,812,922↑10%$3,873,721↑9%$2,806,723↑2%
2011$3,459,371$3,566,665$2,764,600

Frequently Asked Questions

What does Project Plase Inc do?▼

Project Plase Inc is a housing & shelter nonprofit organization based in Maryland. It is classified under NTEE code L21Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Project Plase Inc financially healthy?▼

Based on our 9-metric Financial Health Score model, Project Plase Inc has a score of 68/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Project Plase Inc generate?▼

Project Plase Inc reports $9.7M in annual revenue and holds $6.3M in total assets, based on IRS filings.

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