Plainsboro Non Profit Housing Corporation
Stable Housing Provider with Consistent Financials
EIN: 222933525 · Princeton, NJ · NTEE: L21 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| Net Assets | $205K |
| Transparency Score | 75/100 |
Is Plainsboro Non Profit Housing Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plainsboro Non Profit Housing Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plainsboro Non Profit Housing Corporation
Plainsboro Non Profit Housing Corporation (EIN: 222933525) is a nonprofit organization based in Princeton, NJ, classified under NTEE code L21. The organization reported total revenue of $1.9M and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plainsboro Non Profit Housing Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plainsboro Non Profit Housing Corporation is a mid-size nonprofit that has been operating for 37 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-196,094 |
| Total Assets | $7.2M |
| Total Liabilities | $7.0M |
| Net Assets | $205K |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 97.1% |
| Months of Reserves | 41.9 months |
Financial Health Grade: C
In 2023, Plainsboro Non Profit Housing Corporation reported a deficit of $196K with expenses exceeding revenue, holds 41.9 months of operating reserves (strong position), has a debt-to-asset ratio of 97.1% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Plainsboro Non Profit Housing Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +23.6% | -4.5% |
| 2022 | +1.9% | +6.0% | -0.9% |
| 2021 | -0.2% | -2.2% | -0.3% |
| 2020 | -0.3% | +0.8% | -0.4% |
| 2019 | +4.1% | -6.0% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Plainsboro Non Profit Housing Corporation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Plainsboro Non Profit Housing Corporation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $196K, with expenses exceeding revenue.
- Debt-to-asset ratio: 97.1%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, suggesting it is either minimal, covered under general administrative expenses, or not separately disclosed in the summary data.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Plainsboro Non Profit Housing Corporation's IRS 990 filings:
- Lack of detailed program impact reporting beyond financial statements.
- No explicit breakdown of executive compensation in the provided data.
Strengths
The following positive indicators were identified for Plainsboro Non Profit Housing Corporation:
- Consistent revenue generation over several years (e.g., $1,921,332 in 2023).
- Stable asset base, consistently above $7 million.
- Low liability-to-asset ratio, indicating financial stability.
- Focus on housing, a critical community need.
Frequently Asked Questions about Plainsboro Non Profit Housing Corporation
Is Plainsboro Non Profit Housing Corporation a legitimate charity?
Plainsboro Non Profit Housing Corporation (EIN: 222933525) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Plainsboro Non Profit Housing Corporation spend its money?
Plainsboro Non Profit Housing Corporation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Plainsboro Non Profit Housing Corporation tax-deductible?
Plainsboro Non Profit Housing Corporation is registered as a tax-exempt nonprofit (EIN: 222933525). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Plainsboro Non Profit Housing Corporation's spending goes to programs?
Plainsboro Non Profit Housing Corporation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Plainsboro Non Profit Housing Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Plainsboro Non Profit Housing Corporation is above average for NTEE category L21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Plainsboro Non Profit Housing Corporation located?
Plainsboro Non Profit Housing Corporation is headquartered in Princeton, New Jersey and files with the IRS under EIN 222933525. It is classified under NTEE code L21.
How many years of IRS 990 filings does Plainsboro Non Profit Housing Corporation have?
Plainsboro Non Profit Housing Corporation has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.9M in total revenue.
What does Plainsboro Non Profit Housing Corporation do?
Plainsboro Non Profit Housing Corporation is a nonprofit organization in the Housing & Shelter sector, located in Princeton, New Jersey. It is classified under NTEE code L21.
How much revenue does Plainsboro Non Profit Housing Corporation have?
Plainsboro Non Profit Housing Corporation reported total revenue of $1,921,332. Based on 14 IRS 990 filings on record.
What are Plainsboro Non Profit Housing Corporation's total assets?
Plainsboro Non Profit Housing Corporation holds total assets of $7,409,452 as reported in IRS 990 filings.
Where is Plainsboro Non Profit Housing Corporation located?
Plainsboro Non Profit Housing Corporation is based in Princeton, New Jersey.
What is Plainsboro Non Profit Housing Corporation's EIN?
Plainsboro Non Profit Housing Corporation's Employer Identification Number (EIN) is 222933525. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Plainsboro Non Profit Housing Corporation?
Plainsboro Non Profit Housing Corporation is classified under NTEE code L21 (Housing & Shelter).
Is Plainsboro Non Profit Housing Corporation a registered 501(c)(3)?
Yes, Plainsboro Non Profit Housing Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222933525.
Does Plainsboro Non Profit Housing Corporation file IRS Form 990?
Yes, Plainsboro Non Profit Housing Corporation has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Plainsboro Non Profit Housing Corporation's revenue in 2023?
In the 202312 filing period, Plainsboro Non Profit Housing Corporation reported total revenue of $1,861,409, total expenses of $2,057,503, and net assets of $7,183,339.
Is Plainsboro Non Profit Housing Corporation's revenue growing or declining?
Plainsboro Non Profit Housing Corporation's revenue is growing. Revenue went from $1,679,954 (202212) to $1,861,409 (202312), a +10.8% change. Based on 14 filings on record.
What is Plainsboro Non Profit Housing Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Plainsboro Non Profit Housing Corporation covers tax period 202312. It shows revenue of $1,861,409, expenses of $2,057,503, total assets of $7,183,339, and liabilities of $6,978,234.
How much does Plainsboro Non Profit Housing Corporation spend on programs vs administration?
Based on IRS 990 analysis, Plainsboro Non Profit Housing Corporation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Plainsboro Non Profit Housing Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Plainsboro Non Profit Housing Corporation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Plainsboro Non Profit Housing Corporation?
The following concerns were identified: Lack of detailed program impact reporting beyond financial statements.. No explicit breakdown of executive compensation in the provided data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Plainsboro Non Profit Housing Corporation's strengths?
Positive indicators for Plainsboro Non Profit Housing Corporation include: Consistent revenue generation over several years (e.g., $1,921,332 in 2023).. Stable asset base, consistently above $7 million.. Low liability-to-asset ratio, indicating financial stability.. Focus on housing, a critical community need.. These findings are derived from AI analysis of the organization's financial filings.
How does Plainsboro Non Profit Housing Corporation compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, suggesting it is either minimal, covered under general administrative expenses, or not separately disclosed in the summary data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Plainsboro Non Profit Housing Corporation?
• Financial data is consistently reported across multiple years, showing clear revenue and expense trends. • The organization's assets and liabilities are clearly delineated in annual filings. • No specific transparency report or detailed program impact report was readily available beyond financial statements. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization ensure its housing remains affordable given the consistent revenue and expense figures?
The consistent revenue and expense figures suggest a stable operational model, likely supported by long-term funding or rental agreements that maintain affordability, though specific mechanisms are not detailed in the provided data.
What specific programs or initiatives does Plainsboro Non Profit Housing Corporation operate to achieve its mission?
While the data indicates a focus on housing, specific program names or initiatives beyond general housing provision are not detailed in the provided financial summaries.
Filing History
IRS 990 filing history for Plainsboro Non Profit Housing Corporation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Plainsboro Non Profit Housing Corporation's revenue has grown by 37.7%, moving from $1.4M to $1.9M. Total assets decreased by 5.3% over the same period, from $7.6M to $7.2M. Total functional expenses rose by 31.8%, from $1.6M to $2.1M. In its most recent filing year (2023), Plainsboro Non Profit Housing Corporation reported a deficit of $196K, with expenses exceeding revenue. The organization holds $7.0M in liabilities against $7.2M in assets (debt-to-asset ratio: 97.1%), resulting in net assets of $205K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | $7.2M | $7.0M | — | — |
| 2022 | $1.7M | $1.7M | $7.5M | $7.1M | — | — |
| 2021 | $1.6M | $1.6M | $7.6M | $7.2M | — | View 990 |
| 2020 | $1.7M | $1.6M | $7.6M | $7.3M | — | View 990 |
| 2019 | $1.7M | $1.6M | $7.6M | $7.4M | — | View 990 |
| 2018 | $1.6M | $1.7M | $7.7M | $7.5M | — | View 990 |
| 2017 | $1.6M | $1.6M | $8.1M | $7.8M | — | View 990 |
| 2016 | $1.5M | $1.8M | $8.5M | $8.2M | — | View 990 |
| 2015 | $1.6M | $1.9M | $8.9M | $8.3M | — | View 990 |
| 2014 | $1.5M | $1.7M | $9.4M | $8.5M | — | View 990 |
| 2013 | $1.4M | $1.5M | $9.6M | $8.5M | — | View 990 |
| 2012 | $1.4M | $1.5M | $9.7M | $8.5M | — | View 990 |
| 2011 | $1.4M | $1.5M | $7.4M | $6.2M | — | View 990 |
| 2010 | $1.4M | $1.6M | $7.6M | $6.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $7.2M (revenue +10.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.7M, and assets of $7.5M (revenue +1.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $7.6M (revenue -0.2% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.6M, and assets of $7.6M (revenue -0.3% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $7.6M (revenue +4.1% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.7M, and assets of $7.7M (revenue -0.3% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.6M, and assets of $8.1M (revenue +3.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.8M, and assets of $8.5M (revenue -5.5% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.9M, and assets of $8.9M (revenue +11.2% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.7M, and assets of $9.4M (revenue +1.5% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.5M, and assets of $9.6M (revenue +0.7% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.5M, and assets of $9.7M (revenue +2.6% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.5M, and assets of $7.4M (revenue +3.7% year-over-year).
- 2010: Revenue of $1.4M, expenses of $1.6M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plainsboro Non Profit Housing Corporation:
Data Sources and Methodology
This transparency report for Plainsboro Non Profit Housing Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.