Pruno Fund

Analysis

Pruno Fund is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in October 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pruno Fund reported income of $65k and spending of $57k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $65k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pruno Fund sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within IL. Charities of a similar size with the same main cause include Gathering Ground Inc ($65k), Washington County Harvest of Hope ($65k) and Yaran International Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $217k against liabilities of $57k, net assets of $160k.