Prevail Incorporated

Analysis

Prevail Incorporated is a registered charity in United States, based in Noblesville, IN. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Prevail Incorporated reported income of $1.6m and spending of $1.9m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.6m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2023, when income dropped by 21%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prevail Incorporated sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Positive Maturity Inc ($1.6m), Kens Krew Inc ($1.6m) and Kids House of Learning Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $247k (13% of expenses). Other salaries and wages came to $778k. At year end it held assets of $1.2m against liabilities of $545k, net assets of $678k. It reported 35 employees.