Prohome Inc

Analysis

Prohome Inc is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Prohome Inc reported income of $66k and spending of $59k, spending 89% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $26k to $66k (+151%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 109%. Over the whole period it spent 312% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prohome Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 21st percentile within WY. Charities of a similar size with the same main cause include Cultural Arts Rotary Foundation ($66k), Lighthouse of Hope MK Inc ($66k) and Tena Cares Inc ($66k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $459k against liabilities of $0, net assets of $459k.