Present Now

Analysis

Present Now is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Present Now reported income of $450k and spending of $751k, spending 167% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $827k to $450k (-46%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Present Now sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Reach Unlimited I Inc ($450k), Rhemas Child Care Center Inc ($450k) and Living with Communities ($450k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. Compensation of current officers, directors and key employees was $181k (24% of expenses). Other salaries and wages came to $132k. It paid $3,198 in professional fundraising fees. At year end it held assets of $921k against liabilities of $367k, net assets of $553k. It reported 4 employees.