Prairie Loft Center

Analysis

Prairie Loft Center is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Prairie Loft Center reported income of $189k and spending of $351k, spending 186% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $290k to $189k (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Prairie Loft Center sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within NE. Charities of a similar size with the same main cause include Geauga Youth Hockey Association ($189k), Mothers Love Learning Center ($189k) and Future Owasso Rams Youth Sports Inc ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $42k (12% of expenses). Other salaries and wages came to $112k. At year end it held assets of $1.5m against liabilities of $6,157, net assets of $1.5m. It reported 10 employees.