Prairie Ridge Village LLP
Analysis
Prairie Ridge Village LLP is a registered charity in United States, based in Glasgow, MT. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Prairie Ridge Village LLP reported income of $1.7m and spending of $1.9m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $1.7m (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2020, when income rose by 22%. Over the whole period it spent 104% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Prairie Ridge Village LLP 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 85th percentile, and in the 86th percentile within MT. Charities of a similar size with the same main cause include Wisconsin Preservation Fund Inc ($1.7m), Safer Path Family Violence Shelter Inc ($1.7m) and Fundacion de Desarrollo Comunal de P R Inc ($1.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $86k (4.5% of expenses). Other salaries and wages came to $837k. At year end it held assets of $2.1m against liabilities of $2.9m, net assets of -$832k. It reported 48 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Program services 99%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Wisconsin Preservation Fund Inc | Milwaukee | $1.7m |
| Safer Path Family Violence Shelter Inc | Pleasanton | $1.7m |
| Fundacion de Desarrollo Comunal de P R Inc | Caguas | $1.7m |
| Hilltop Manor Inc | San Jose | $1.7m |