Presence

Analysis

Presence is a registered charity in United States, based in Walnut, CA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Presence reported income of $304k and spending of $301k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $211k to $304k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 79%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Presence sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Bama Works Fund ($304k), Narberth Community Library Inc ($304k) and Lompoc Teen Center ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $5,359 (1.8% of expenses). Other salaries and wages came to $149k. At year end it held assets of $331k against liabilities of $198k, net assets of $133k. It reported 11 employees.