Prima Care Scholarship Foundation Charitable Trust

Analysis

Prima Care Scholarship Foundation Charitable Trust is a registered charity in United States, based in Fall River, MA. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Prima Care Scholarship Foundation Charitable Trust reported income of $75k and spending of $59k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $53k to $75k (+41%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Prima Care Scholarship Foundation Charitable Trust sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 38th percentile within MA. Charities of a similar size with the same main cause include Friends of Ashbys Fort Inc ($75k), Burbank High School Baseball Boosters Association ($75k) and Schenectady Disc Golf Club ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% of the total. At year end it held assets of $138k against liabilities of $0, net assets of $138k.