Presencia Inc

Analysis

Presencia Inc is a registered charity in United States, based in Brookhaven, GA. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Presencia Inc reported income of $256k and spending of $257k, spending 100% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $238k to $256k (+7.5%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 87% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Presencia Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within GA. Charities of a similar size with the same main cause include Umch Foundation ($256k), Building Utah Youth ($256k) and Children and Parent Resource Group Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $124k (48% of expenses). Other salaries and wages came to $52k. It paid $6,724 in professional fundraising fees. At year end it held assets of $176k against liabilities of $5,809, net assets of $170k. It reported 7 employees.