Prounitas Inc

Analysis

Prounitas Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Prounitas Inc reported income of $2.9m and spending of $1.9m, leaving 34% of income unspent that year. Across the 6 years on record, from June 2020 to June 2024, income grew from $351k to $2.9m (+736%), an average of +53% a year. The sharpest change came in the year to June 2023, when income rose by 541%. Over the whole period it spent 78% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Prounitas Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include All Star Tournaments ($2.9m), Yorkville Youth Athletic Association Inc ($2.9m) and S a L T S Sail and Life Training Society ($2.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 69% and program service revenue 24% of the total. Other salaries and wages came to $754k. It paid $7,710 in professional fundraising fees. At year end it held assets of $4.6m against liabilities of $402k, net assets of $4.2m. It reported 12 employees.