Pragathi

Analysis

Pragathi is a registered charity in United States, based in Round Rock, TX. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Pragathi reported income of $299k and spending of $199k, leaving 33% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $177k to $299k (+69%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 70% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Pragathi sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Yue-Sai Kan One World Foundation Ltd ($299k), Rise Together International Inc ($299k) and Good Samaritan Medical Dental Ministry ($299k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.