Pranam Collaborative Learning Services Inc NFP

Analysis

Pranam Collaborative Learning Services Inc NFP is a registered charity in United States, based in Aurora, IL. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Pranam Collaborative Learning Services Inc NFP reported income of $55k and spending of $46k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $55k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pranam Collaborative Learning Services Inc NFP sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within IL. Charities of a similar size with the same main cause include The Houston Jazz Collective ($55k), North Olympic Artists Co-Op ($55k) and M S Community Stars of Performing Arts and Academics Inc ($55k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. At year end it held assets of $44k against liabilities of $58, net assets of $44k.