Literary and Prologue Society of the Southwest

Analysis

Literary and Prologue Society of the Southwest is a registered charity in United States, based in Chandler, AZ. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2023, Literary and Prologue Society of the Southwest reported income of $709k and spending of $460k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $377k to $709k (+88%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Literary and Prologue Society of the Southwest sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within AZ. Charities of a similar size with the same main cause include Mountains Restoration Trust ($709k), Berkshire Music School Inc ($710k) and Anthro Events Inc ($709k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $649k against liabilities of $1,204, net assets of $648k.