Presidential Precinct

Analysis

Presidential Precinct is a registered charity in United States, based in Charlottesvle, VA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Presidential Precinct reported income of $596k and spending of $814k, spending 137% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $965k to $596k (-38%), an average of -9.2% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 101% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Presidential Precinct sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within VA. Charities of a similar size with the same main cause include Lev Echad ($595k), Parakaleo International ($596k) and Hope for Relief and Development Foundation ($595k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $110k (13% of expenses). Other salaries and wages came to $255k. At year end it held assets of $318k against liabilities of $11k, net assets of $307k. It reported 6 employees.