Prismxl Services Inc

Analysis

Prismxl Services Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Prismxl Services Inc reported income of $869k and spending of $814k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $866k to $869k (+0.3%), an average of +0.3% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Prismxl Services Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within CO. Charities of a similar size with the same main cause include United Family Life Center Inc ($868k), Washington County Council on Aging Inc ($869k) and Help Adult Services ($868k).

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 $289k. It paid $13k in professional fundraising fees. At year end it held assets of $263k against liabilities of $27k, net assets of $236k. It reported 2 employees.