Disable all preview features

Environment : Environmental Protection and Conservation

Planet Aid

For the Environment, For People

three stars

82.64

6730 Santa Barbara Court Elkridge, MD 21075
tel: (410) 796-1510   Web Site
EIN: 04-3348171

Board Leadership
Mikael Norling
Chairman

CEO
Fred Olsson
President and CEO

  Score
(out of 100)
Rating
Overall Score & Rating 82.64 three stars
  Financial 76.48 two stars
  Accountability & Transparency 93.00 four stars
This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Planet Aid's mission is to inform, mobilize, and inspire individuals and communities to work together to bring about worldwide environmental and social progress. We collect and recycle textiles to protect the environment, reduce waste, and increase the efficient use of vital resources. The proceeds from our clothes collection go toward funding sustainable development projects in Africa, Asia, and Latin America. We embrace the principles of equality and self-determination in all that we do and foster cooperation and understanding among peoples across the planet. Disadvantaged populations are our priority, and we seek to empower them to create lasting positive change.

Planet Aid's mission is to inform, mobilize, and inspire individuals and communities to work together to bring about worldwide environmental and social progress. We collect and recycle textiles to protect the environment, reduce waste, and increase the efficient use of vital resources. The proceeds from our clothes collection go toward funding sustainable development projects in Africa, Asia, and Latin America. We embrace the principles of equality and self-determination in all that we do and foster cooperation and understanding among peoples across the planet. Disadvantaged populations are our priority, and we seek to empower them to create lasting positive change.

Financial

two stars

76.48

Accountability & Transparency

four stars

93.00

This rating was published 04/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
84.1%
  Administrative Expenses 8.2%
  Fundraising Expenses 7.6%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 0.18
  Program Expenses Growth 1.7%
  Liabilities to Assets 53.5%
All data for Financial Performance Metrics calculations was provided by Planet Aid on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Planet Aid on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Planet Aid (MD) 82.64 three stars
Friends of the Urban Forest (CA) 87.82 three stars
GrowNYC (NY) 91.59 four stars
Keep Pennsylvania Beautiful (PA) 96.27 four stars
Keep Indianapolis Beautiful, Inc. (IN) 90.27 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $33,160,063
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $33,160,063
   Program Service Revenue $6,764,254
Total Primary Revenue $39,924,317
   Other Revenue $410,295
TOTAL REVENUE $40,334,612
   
EXPENSES  
   Program Expenses $34,582,438
   Administrative Expenses $4,204,292
   Fundraising Expenses $3,227,947
TOTAL FUNCTIONAL EXPENSES $42,014,677
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,680,065
   
Net Assets $7,635,203

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
US Clothing Collection and Habitat Protection $24,665,104 71.3%
International Aid $9,708,727 28.1%
International Training and Capacity Building $208,607 0.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 04/01/2021 82.64 three stars
2018-12 12/01/2019 81.62 three stars
2017-12 03/01/2019 79.87 two stars
2016-12 09/01/2018 80.28 three stars
2016-12 03/01/2018 75.47 two stars
2015-12 12/01/2017 78.85 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 04-3348171
Name in IRS Master File PLANET AID INC
NTEE Code Q33
NTEE Classification International Relief
NTEE Type International, Foreign Affairs and National Security
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (994) Described in section 170(b)1)(a)(vi) of the Code
(560) Supplying money, goods or services to the poor
(179) Other health services
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1997
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$131,183 0.31% Fred Olsson President & CEO
Other Salaries of Note
$162,493 0.38% Thomas Meehan CFO

Highly Rated

Charity Name & State Overall Score Overall Rating
Planet Aid (MD) 82.64 three stars
GrowNYC (NY) 91.59 four stars
Friends of the Urban Forest (CA) 87.82 three stars
Center for Creative Land Recycling (CA) 86.73 three stars
Keep Pennsylvania Beautiful (PA) 96.27 four stars

Compare These Charities (Highly Rated)

Are you the representative for this organization? If so, click here to access the application form. As an official representative you will have the ability to update some of the information on this page.

Charity Contact Info

Planet Aid
6730 Santa Barbara Court
Elkridge, MD 21075
tel: (410) 796-1510
EIN: 04-3348171

Visit Web Site

Board Leadership

Mikael Norling
Chairman

CEO

Fred Olsson
President and CEO

Join Our Mailing List

Join over 400,000 other informed givers and get updates on charity ratings, new features, hot topics, and tips for donating.