Prestwick Community Outreach Inc

Analysis

Prestwick Community Outreach Inc is a registered charity in United States, based in Leroy, AL. It received its IRS tax-exemption ruling in December 2020, 6 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Prestwick Community Outreach Inc reported income of $306k and spending of $114k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $306k (+170%), an average of +170% a year. The sharpest change came in the year to December 2023, when income rose by 170%. Over the whole period it spent 42% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prestwick Community Outreach Inc 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 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Successful Connections Inc ($306k), New Futures Inc ($306k) and Oxford Senior Center Inc ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.1m against liabilities of $2,230, net assets of $1.1m.