Prosalud Inc

Analysis

Prosalud Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in December 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Prosalud Inc reported income of $115k and spending of $117k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $115k (-5.7%), an average of -5.7% a year. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prosalud Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Arbor Housing Associates ($115k), Translational Research Cancer Center Consortium Inc ($115k) and Residence XII Foundation ($115k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.