Prism North America

Analysis

Prism North America is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in August 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, Prism North America reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $1.6m (+41%), an average of +8.9% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Prism North America sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Greg Mathis Charter High School ($1.6m), Collegiate Directions Incorporated ($1.6m) and PCS Building Company ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $54k (3.3% of expenses). Other salaries and wages came to $870k. At year end it held assets of $1.2m against liabilities of $770k, net assets of $388k. It reported 77 employees.