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Presencing Institute

RegisteredEIN 80-0319451Boston, MAEducation and training
Income$4.5m2023-06
Spending$4.3msame year
Spent / received97%4-year average
Size in its cause88th pctEducation and training
Exempt since2009Publicly supported organisat
Employees2latest return

Analysis

Presencing Institute is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, Presencing Institute reported income of $4.5m and spending of $4.3m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.8m to $4.5m (+154%), an average of +36% a year. The sharpest change came in the year to June 2021, when income rose by 73%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Presencing Institute sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MA. Charities of a similar size with the same main cause include Brenda and John H Duncan Rise School of Houston ($4.5m), Urban Dove Team Charter School IV ($4.5m) and Elevate 215 ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $86k (2.0% of expenses). Other salaries and wages came to $128k. At year end it held assets of $1.6m against liabilities of $422k, net assets of $1.1m. It reported 2 employees.

Income and spending

$0$1.1m$2.2m$3.4m$4.5m2020 Income: $1,762,8852020 Spending: $1,994,65220202021 Income: $3,046,8642021 Spending: $2,814,88020212022 Income: $3,698,9492022 Spending: $3,569,35420222023 Income: $4,478,1092023 Spending: $4,274,4802023
IncomeSpending

Where the income comes from

  • Contributions & grants 40%
  • Program services 60%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Brenda and John H Duncan Rise School of HoustonHouston$4.5m
Urban Dove Team Charter School IVLong Is City$4.5m
Elevate 215Philadelphia$4.5m
Colegio Puertorriqueno de NinasGuaynabo$4.5m