Prepass Government Solutions Inc

Analysis

Prepass Government Solutions Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Prepass Government Solutions Inc reported income of $1.7m and spending of $2.7m, spending 161% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $911k to $1.7m (+86%), an average of +17% a year. The sharpest change came in the year to September 2020, when income rose by 98%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prepass Government Solutions Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Flemister Housing Development Fund Corporation ($1.7m), Canton Community Foundation Inc ($1.7m) and Suncoast Health Council Inc ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $2.0m against liabilities of $3.6m, net assets of -$1.6m.