Pragati

Analysis

Pragati is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. 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, Pragati reported income of $133k and spending of $134k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $47k to $133k (+183%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 231%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pragati sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Monticello Athletic Booster Club ($133k), Habitat for Humanity International Inc ($133k) and PTA California Congress of Parents Teachers & Students Inc ($133k).

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 $58k against liabilities of $0, net assets of $58k.