Prism

Analysis

Prism is a registered charity in United States, based in Fort Mill, SC. It received its IRS tax-exemption ruling in March 2021, 5 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 (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, Prism reported income of $181k and spending of $176k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $166k to $181k (+9.1%), an average of +9.1% a year. Over the whole period it spent 109% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Prism 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 57th percentile within SC. Charities of a similar size with the same main cause include Bonifacio Place Inc ($181k), Citizens for Homeless Relief Inc ($181k) and Premier America Foundation ($180k).

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 $31k against liabilities of $0, net assets of $31k.