Prevention Resources Inc

Analysis

Prevention Resources Inc is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in June 1972, 54 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, Prevention Resources Inc reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.7m (+81%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prevention Resources Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Greater Cleveland Sports Commission ($3.7m), Venice Christian School Private School ($3.7m) and Yakima Rotary Food Bank ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Other salaries and wages came to $2.0m. At year end it held assets of $1.6m against liabilities of $698k, net assets of $890k. It reported 44 employees.