PLANET AID INC
Mission Statement
Planet Aid's mission is to inform, mobilize, and inspire individuals and communities to work together to bring about worldwide environmental and social progress. The projects Planet Aid supports aim to protect the environment, reduce waste, and increase the efficient use of vital resources. Planet Aid works to strengthen and organize communities, reduce poverty and promote small enterprise development, support sustainable local food production, improve access to training and quality education, and increase health awareness and encourage healthy lifestyles. Disadvantaged populations are Planet Aid's priority, and we seek to empower them to create lasting positive change.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.3% | 85.8% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
13.1% | 8.3% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.6% | 2.8% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.1 mo | 8.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
49.6% | 13.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.5% | 97.1% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-13.0% | 3.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.0% | 6.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-4.5% | 1.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $37.3M | $39.0M | $13.4M | 78.3% | 392 |
| 2023 | $42.9M | $37.9M | $15.1M | 79.6% | 402 |
| 2022 | $35.7M | $35.1M | $10.1M | 74.1% | 359 |
| 2021 | $29.8M | $28.3M | N/A | — | 291 |
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