Professionals Resource Network Inc

Analysis

Professionals Resource Network Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in October 2007, 19 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 June 2023, Professionals Resource Network Inc reported income of $2.5m and spending of $2.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $2.5m (-0.5%), an average of -0.1% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Professionals Resource Network Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within FL. Charities of a similar size with the same main cause include Center for Innovative Public Health Research ($2.5m), Madison County Hospital Inc ($2.5m) and Center for Sight & Hearing ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $429k (18% of expenses). Other salaries and wages came to $825k. At year end it held assets of $3.2m against liabilities of $791k, net assets of $2.4m. It reported 26 employees.