Prader-Willi Syndrome Association

Analysis

Prader-Willi Syndrome Association is a registered charity in United States, based in Brandon, FL. It received its IRS tax-exemption ruling in September 1977, 49 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 2023, Prader-Willi Syndrome Association reported income of $1.6m and spending of $1.8m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.6m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2021, when income rose by 41%. 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, Prader-Willi Syndrome Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 86th percentile within FL. Charities of a similar size with the same main cause include Catholic Charities of Corpus Christi Inc ($1.6m), The Society of St Vincent de Paul of Sioux Falls South Dakota ($1.6m) and Garden-Empire Volleyball Association ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $199k (11% of expenses). Other salaries and wages came to $558k. At year end it held assets of $2.8m against liabilities of $54k, net assets of $2.7m. It reported 16 employees.