L โ€” Housing & ShelterEIN: 237367331ยท 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

๐Ÿ’ฐ
$8.7M
Total Revenue
๐Ÿ“Š
$8.6M
Total Expenses
๐Ÿฆ
$5.4M
Net Assets
๐Ÿ“‹
$1.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-9.0%
Year-over-year change (2022 โ†’ 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$8,731,233โ†“9%$8,591,919โ†“7%$6,936,253โ†‘1%
2022$9,590,103โ†‘10%$9,203,168โ†‘4%$6,840,900โ†‘12%
2021$8,736,847โ†‘12%$8,810,732โ†‘14%$6,132,817โ†“1%
2020$7,796,235โ†‘6%$7,751,905โ†‘7%$6,182,020โ†‘22%
2019$7,346,202$7,219,687$5,059,442โ†‘4%
2018$7,364,504โ†‘7%$7,240,854โ†‘11%$4,883,969โ†“1%
2017$6,890,361โ†‘9%$6,510,553โ†‘7%$4,912,348โ†‘5%
2016$6,326,958โ†‘7%$6,101,727โ†‘6%$4,687,050
2015$5,930,235โ†‘13%$5,753,001โ†‘15%$4,702,357โ†“3%
2014$5,234,833โ†‘3%$5,018,122โ†‘30%$4,833,979โ†‘19%
2013$5,093,310โ†‘34%$3,861,743$4,049,302โ†‘44%
2012$3,812,922โ†‘10%$3,873,721โ†‘9%$2,806,723โ†‘2%
2011$3,459,371$3,566,665$2,764,600

Frequently Asked Questions

What does Project Plase Inc do?โ–ผ

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?โ–ผ

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?โ–ผ

Project Plase Inc reports $8.9M in annual revenue and holds $7.9M in total assets, based on IRS filings.

Similar Organizations

Explore more organizations in the Housing & Shelter category, or browse all nonprofits in Maryland.

Project Plase Inc โ€” Baltimore, MD | GiveScope