The Prevention Council of Putnam Inc

Analysis

The Prevention Council of Putnam Inc is a registered charity in United States, based in Carmel, NY. It received its IRS tax-exemption ruling in March 1987, 39 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Prevention Council of Putnam Inc reported income of $613k and spending of $608k, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $505k to $613k (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Prevention Council of Putnam Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include American Cancer Fund Inc a Non- Profit Corporation ($613k), St Luke Community Clinic Inc ($613k) and Physician Partners of Englewood PC ($613k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $560k against liabilities of $463k, net assets of $96k.