Prairie Air Incorporated

Analysis

Prairie Air Incorporated is a registered charity in United States, based in Champaign, IL. It received its IRS tax-exemption ruling in October 1975, 51 years ago. 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 September 2023, Prairie Air Incorporated reported income of $117k and spending of $95k, spending 81% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $99k to $117k (+19%), an average of +4.4% a year. The sharpest change came in the year to September 2023, when income rose by 29%. Over the whole period it spent 73% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prairie Air Incorporated sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within IL. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($117k), Manna House ($117k) and Excelsior Hose Co ($117k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 15% of the total. Other salaries and wages came to $14k. At year end it held assets of $314k against liabilities of $23, net assets of $314k.