Prism Foundation

Analysis

Prism Foundation is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Prism Foundation reported income of $68k and spending of $85k, spending 124% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income grew from $60k to $68k (+13%), an average of +14% a year. Over the whole period it spent 124% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Prism Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Right to Life of Southern Indiana Education Fund ($68k), Cherysh-America Inc ($68k) and Macomb County Bar Foundation Inc ($68k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.