Propl
Analysis
Propl is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Propl reported income of $706k and spending of $444k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $418k to $706k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 66% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Propl sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within CA. Charities of a similar size with the same main cause include Ieg Global Corporation ($706k), Gan Henel Early Learning ($707k) and Colaborativopr Inc ($706k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 3.1% of the total. Compensation of current officers, directors and key employees was $184k (42% of expenses). At year end it held assets of $393k against liabilities of $2,249, net assets of $391k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 3.1%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ieg Global Corporation | Gainesville | $706k |
| Gan Henel Early Learning | Englewood | $707k |
| Colaborativopr Inc | San Juan | $706k |
| Sabine Pass Independent School District Foundation | Sabine Pass | $707k |