Precursor Human Capital Development Inc

Analysis

Precursor Human Capital Development Inc is a registered charity in United States, based in Valley Stream, NY. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Precursor Human Capital Development Inc reported income of $387k and spending of $387k, spending 100% of its income. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Precursor Human Capital Development Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Flatland Productions Inc ($387k), Land in Common Inc ($387k) and Homeaid Austin Inc ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $16k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 1 employees.