Prairie View A&m Foundation

Analysis

Prairie View A&m Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Prairie View A&m Foundation reported income of $2.6m and spending of $3.0m, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $901k to $2.6m (+183%), an average of +42% a year. The sharpest change came in the year to December 2020, when income rose by 280%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prairie View A&m Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include Child Development Council ($2.5m), Phi Theta Kappa Foundation ($2.6m) and Link Unlimited ($2.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 89% and program service revenue 11% of the total. Other salaries and wages came to $247k. At year end it held assets of $2.7m against liabilities of $892k, net assets of $1.8m. It reported 3 employees.