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Passes our checks

Project Plase Inc

EIN 23-7367331 · Baltimore, MD

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood81 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

Project PLASE,Inc. addresses homelessness by providing temporary housing, permanent housing and supportive services to homeless adults and families. We serve the most vulnerable and underserved,including persons with mental illness,HIV/AIDS,addiction& developmental disabilities.

Income
$9.7 million
Spending
$9.2 million
Spent on programs
95%
Reserves
4.9 months of spending
Largest source of income
government grants, 84%
Employees
81
Highest pay
$23,196, executive director

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 81 out of 100. Higher than 68% of charities in its peer group (housing, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.9 months of spending.

  • Debt

    16 of 20

    It owes 25% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    15 of 15

    Income rose 13% on the year before.

  • Spending floor

    15 of 15

    95% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).

  • Independent board

    25 of 25

    11 of 12 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, 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)
  1. $3.9 million spent. CONTINUUM OF CARE RENTAL ASSISTANCE- WE RECEIVE GOVERNMENT FUNDING WHICH WE UTILIZE TO PAY RENT ON BEHALF OF OUR CLIENTS FOR APARTMENTS AND HOMES AS PART OF OUR PERMANENT HOUSING PROGRAM TO APPROXIMATELY 100 CLIENTS.
  2. $2.4 million spent. SUPPORTIVE SERVICES FOR VETERANS FAMILIES- THE PRIMARY AIM OF THE SSVF PROGRAM IS TO HELP VETERAN FAMILIES WHO ARE HOMELESS, OR AT-RISK OF HOMELESSNESS, QUICKLY REGAIN STABILITY IN PERMANENT HOUSING AFTER EXPERIENCING A HOUSING CRISIS AND/OR HOMELESSNESS. FOR VETERANS AT RISK OF LOSING HOUSING, SSVF GRANT FUNDS PROVIDE SUPPORTIVE SERVICESS TO VERY LOW-INCOME VETERAN FAMILIES THAT FALL WITHIN ONE OF THE THREE CATEGORIES OF OCCUPYING PERMANENT HOUSING, INCLUDING HOMELESS PREVENTION FINANCIAL HELP AND SUPPORT SERVICES. THE STAFF OF SSVF GRANT PROVIDES THE FOLLOWING SUPPORTIVE SERVICES: RAPID REHOUSING, RENTAL ASSISTANCE, OUTREACH SERVICES, CASE MANAGMENT SERVICES, ASSISTANCE IN OBTAINING VA BENEFITS, EMPLOYMENT ASSISTANCE, LEGAL SERVICES, HEALTH, CHILD CARE, EMERGENCY SUPPLIES, AND CAR REPAIR, FOR VETERANS THAT ARE ELIGIBLE.
  3. $1.4 million spent. OTHER PROGRAMS
  4. $1.1 million spent. RYAN WHITE HELPS LOW INCOME INDIVIDUALS WITH HIV/AIDS BY PROVIDING MEDICAL CARE & SUPPORT SERVICES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 September 7, 2026.

  2. 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 September 30, 2026.

  3. 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 September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 1974.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. 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 7, 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.