Prairie Creek Shopping Center

Analysis

Prairie Creek Shopping Center is a registered charity in United States, based in Hayneville, AL. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Prairie Creek Shopping Center reported income of $88k and spending of $97k, spending 111% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $225k to $88k (-61%), an average of -38% a year. The sharpest change came in the year to December 2023, when income rose by 339%. Over the whole period it spent 128% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Prairie Creek Shopping Center sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within AL. Charities of a similar size with the same main cause include New Knollwood Community Center Inc ($88k), National Council of Jewish Women Incorporated ($88k) and North American Truffle Growers Association ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $0, net assets of $49k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.