Principe Productions Inc

Analysis

Principe Productions Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Principe Productions Inc reported income of $101k and spending of $296k, spending 294% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $306k to $101k (-67%), an average of -24% a year. The sharpest change came in the year to December 2021, when income rose by 533%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Principe Productions Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Move to Empower Inc ($101k), Estonian Relief Committee Inc ($101k) and American Friends of L Maan Daat ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.8% of the total. Compensation of current officers, directors and key employees was $168k (57% of expenses). At year end it held assets of $240k against liabilities of $71, net assets of $240k. It reported 1 employees.