Prism of Georgia Inc

Analysis

Prism of Georgia Inc is a registered charity in United States, based in Roswell, GA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Prism of Georgia Inc reported income of $342k and spending of $306k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $438k to $342k (-22%), an average of -6.0% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prism of Georgia Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within GA. Charities of a similar size with the same main cause include 34 Project Inc ($342k), Conroe Noon Lions Club Charities Inc ($342k) and Be a Shero Foundation ($342k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $40k (13% of expenses). Other salaries and wages came to $174k. At year end it held assets of $427k against liabilities of $5,005, net assets of $422k. It reported 9 employees.