Preston Group of Alcoholics Anonymous

Analysis

Preston Group of Alcoholics Anonymous is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2023, Preston Group of Alcoholics Anonymous reported income of $182k and spending of $183k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $177k to $182k (+3.0%), an average of +3.0% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Preston Group of Alcoholics Anonymous sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Armer Foundation for Kids ($182k), Lyle Rakers Charitable Foundation ($182k) and Doug Meyer Legacy Foundation ($182k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $1,608, net assets of -$1,608.