Prophet World Beat Productions

Analysis

Prophet World Beat Productions is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in October 1986, 40 years ago. 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 December 2022, Prophet World Beat Productions reported income of $259k and spending of $228k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $226k to $259k (+15%), an average of +4.7% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prophet World Beat Productions sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Outdoors for Our Heroes ($259k), West Philadelphia Alliance for Children ($259k) and St Nicholas Society of the City of Ny ($259k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% and program service revenue 14% of the total. At year end it held assets of $111k against liabilities of $49k, net assets of $62k.