Prince Hall Service Fund Inc

Analysis

Prince Hall Service Fund Inc is a registered charity in United States, based in Newyork, NY. It received its IRS tax-exemption ruling in April 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Prince Hall Service Fund Inc reported income of $314k and spending of $426k, spending 136% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $419k to $314k (-25%), an average of -5.6% a year. The sharpest change came in the year to June 2024, when income rose by 55%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prince Hall Service Fund Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include One Cedar Valley ($314k), National Association of State Facilities Adminiistrators Inc ($314k) and Thomasville Landmarks Inc ($314k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $300k. At year end it held assets of $7,541 against liabilities of $13k, net assets of -$5,193.