Premier America Foundation

Analysis

Premier America Foundation is a registered charity in United States, based in Chatsworth, CA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Premier America Foundation reported income of $180k and spending of $129k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $202k to $180k (-11%), an average of -11% a year. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Premier America Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Hadrat David Inc ($180k), Bonifacio Place Inc ($181k) and Leon M Fitch Shrine Hospital Trust State Street Bank & Trust Co ($180k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.3% of the total. At year end it held assets of $297k against liabilities of $0, net assets of $297k.