Foundation for Public Relations Research and Education Inc

Analysis

Foundation for Public Relations Research and Education Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in July 1960, 66 years ago. 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 December 2023, Foundation for Public Relations Research and Education Inc reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $932k to $1.2m (+32%), an average of +7.2% a year. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Foundation for Public Relations Research and Education Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Center for Information of Elgin ($1.2m), Pivot Ministries Inc ($1.2m) and Boys & Girls Club of Placer County ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $214k (16% of expenses). Other salaries and wages came to $520k. At year end it held assets of $776k against liabilities of $50k, net assets of $726k. It reported 15 employees.