Planet Aid Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
PROTECT THE ENVIRONMENT, REDUCE WASTE, AND INCREASE THE EFFICIENT USE OF VITAL RESOURCES. STRENGTHEN AND ORGANIZE COMMUNITIES, REDUCE POVERTY AND PROMOTE SMALL ENTERPRISE DEVELOPMENT, SUPPORT SUSTAINABLE LOCAL FOOD PRODUCTION, IMPROVE ACCESS TO TRAINING AND QUALITY EDUCATION, INCREASE HEALTH AWARENESS AND ENCOURAGE HEALTHY LIFESTYLES, FOSTER DIRECT COOPERATION AND UNDERSTANDING AMONG PEOPLE ACROSS THE PLANET AND HELP DISADVANTAGED POPULATIONS OF THE WORLD CREATE LASTING POSITIVE CHANGE.
- Income
- $37.3 million
- Spending
- $39.0 million
- Spent on programs
- 78%
- Reserves
- 1.5 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 392
- Volunteers
- 6
- Highest pay
- $217,124, cfo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 48 out of 100. Higher than 16% of charities in its peer group (international, $10m to $100m).
Reserves
10 of 35Spendable reserves would cover 1.5 months of spending.
Debt
10 of 20It owes 50% of what it owns.
Living within its means
8 of 15Spending exceeded income by 5% of income.
Income trend
5 of 15Income fell 13% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 9 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 36% of charities in its peer group (international, $10m to $100m).
Independent board
25 of 256 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $2.4 million spent. INTERNATIONAL AID: IN 2024, PLANET AID CONTINUED WITH ITS SUPPORT TO ORGANIZATIONS AND COMMUNITIES IN AFRICA, ASIA, AND LATIN AMERICA.
- $27.7 million spent. U.S. CLOTHING COLLECTION AND HABITAT PROTECTION: PLANET AID COLLECTED AND PROCESSED 33,000 TONS OF USED CLOTHES, SHOES AND TEXTILE IN STATES FROM MAINE TO MISSOURI. COLLECTING UNWANTED CLOTHES SAVES LANDFILL SPACE AND REDUCES PRODUCTION OF METHANE. REUSING ALREADY MANUFACTURED CLOTHING AND OTHER TEXTILES SAVES MILLIONS OF GALLONS OF WATER AND REDUCES THE USE OF FERTILIZER AND PESTICIDES (IN COTTON PRODUCTION).
- $486,956 spent. DOMESTIC CHARITABLE ACTIVITIES: THE ORGANIZATION SUPPORTS VARIOUS CHARITABLE ACTIVITIES IN THE UNITED STATES THROUGH PAYMENTS TO A NUMBER OF SCHOOLS AND OTHER NONPROFITS.
- INTERNATIONAL TRAINING AND CAPACITY BUILDING: AS PART OF ITS COMMITMEENT TO INTERNATIONAL DEVELOPMENT, PLANET AID UNDERTAKES PROGRAMS OF INTERNATIONAL EXCHANGE AND TRAINING. PLANET AID WORKS CLOSELY WITH NON-GOVERNMENTAL ORGANIZATIONS IN A NUMBER OF DEVELOPING COUNTRIES TO BUILD LOCAL CAPACITY AND MOVE TOWARDS SELF-SUSTAINABILITY. PLANET AID ALSO PROVIDES INFORMATION FOR THE US PUBLIC IN MATTERS RELATED TO INTERNATIONAL DEVELOPMENT AND SUPPORTS EDUCATION PROGRAMS IN COOPERATION WITH PUBLIC AND PRIVATE SCHOOLS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.