Producers Inc

Analysis

Producers Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 1982, 44 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 June 2022, Producers Inc reported income of $55k and spending of $153k, spending 280% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $217k to $55k (-75%), an average of -37% a year. The sharpest change came in the year to June 2020, when income dropped by 84%. Over the whole period it spent 155% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Producers Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within KY. Charities of a similar size with the same main cause include Little League Baseball Inc ($55k), PTA California Congress of Parents Teachers & Students Inc ($55k) and Pregnancy Aid and Information Center Inc ($55k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $13k (8.6% of expenses). At year end it held assets of $336k against liabilities of $0, net assets of $336k.

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.