Permian Basin First Priority Inc

Analysis

Permian Basin First Priority Inc is a registered charity in United States, based in Odessa, TX. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Permian Basin First Priority Inc reported income of $542k and spending of $525k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $542k (+94%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Permian Basin First Priority Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Camp Neringa Inc ($542k), Lakes Area Pregnancy Support Center of Brainerd Minnesota ($542k) and Slow Money Institute Inc ($542k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Compensation of current officers, directors and key employees was $278k (53% of expenses). At year end it held assets of $392k against liabilities of $0, net assets of $392k. It reported 7 employees.