PRMG Cares Inc

Analysis

PRMG Cares Inc is a registered charity in United States, based in Corona, CA. It received its IRS tax-exemption ruling in February 2015, 11 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, PRMG Cares Inc reported income of $94k and spending of $73k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $94k (-8.2%), an average of -8.2% a year. Over the whole period it spent 51% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, PRMG Cares Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within CA. Charities of a similar size with the same main cause include Holliday S Helping Hands Foundation ($94k), Beverly Hills Community Farm Inc ($94k) and Come Spring Food Pantry ($94k).

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 $345k against liabilities of $0, net assets of $345k.