Prodein Non Profit Inc

Analysis

Prodein Non Profit Inc is a registered charity in United States, based in Union City, NJ. It received its IRS tax-exemption ruling in February 1987, 39 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 July 2024, Prodein Non Profit Inc reported income of $1.1m and spending of $1.1m, spending 98% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $536k to $1.1m (+103%), an average of +15% a year. The sharpest change came in the year to July 2024, when income rose by 56%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Prodein Non Profit Inc 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 80th percentile, and in the 83rd percentile within NJ. Charities of a similar size with the same main cause include US Center for Chinese Medicine by Bucm Incorporated ($1.1m), Cultural Academic Student Exchange Inc ($1.1m) and Aha Foundation Inc ($1.1m).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $189k against liabilities of $7,495, net assets of $181k. It reported 1 employees.