Prosper Ladies Association

Analysis

Prosper Ladies Association is a registered charity in United States, based in Prosper, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, Prosper Ladies Association reported income of $131k and spending of $178k, spending 136% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $127k to $131k (+3.1%), an average of +3.1% a year. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Prosper Ladies Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Mainstreet Redevelopment Association ($131k), Community Property Inc ($131k) and Sleepy Eye Sportmens Club Inc ($131k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 10% of the total. At year end it held assets of $116k against liabilities of $0, net assets of $116k.