Prager Metis Charitable Foundation Inc

Analysis

Prager Metis Charitable Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Prager Metis Charitable Foundation Inc reported income of $126k and spending of $94k, leaving 26% of income unspent that year. Across the 3 years on record, from December 2019 to December 2023, income grew from $108k to $126k (+17%), an average of +8.2% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Prager Metis Charitable Foundation Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NY. Charities of a similar size with the same main cause include The America Hjose Hook and Ladder Company No 2 ($126k), Little League Baseball Inc ($126k) and Studio Players Inc ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.