Prometheus USA Co

Analysis

Prometheus USA Co is a registered charity in United States, based in Barrington, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 April 2020, Prometheus USA Co reported income of $637k and spending of $376k, leaving 41% of income unspent that year. Across the 2 years on record, from April 2019 to April 2020, income grew from $637k to $637k (+0.0%), an average of +0.0% a year. Over the whole period it spent 59% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prometheus USA Co sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Wise Regional Health Foundation ($637k), Fellowship Home of Raleigh ($637k) and Annapolis Wellness Corporation ($637k).

On its Form 990 for the period ending April 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $178k (47% of expenses). At year end it held assets of $491k against liabilities of $50k, net assets of $441k. It reported 1 employees.