PNR USA Foundation Inc

Analysis

PNR USA Foundation Inc is a registered charity in United States, based in S Plainfield, NJ. 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, PNR USA Foundation Inc reported income of $64k and spending of $59k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $160k to $64k (-60%), an average of -21% a year. The sharpest change came in the year to December 2021, when income rose by 97%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, PNR USA Foundation Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Phi Beta Sigma Fraternity-Eta Beta Sigma Chapter Incorporated ($64k), Homeless Empowerment Project Inc ($64k) and Society of St Vincent de Paul Council of Northern Kentucky Inc ($64k).

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 $22k against liabilities of $0, net assets of $22k.