Prime the Pump Inc

Analysis

Prime the Pump Inc is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Prime the Pump Inc reported income of $102k and spending of $86k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $102k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 91% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Prime the Pump Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within VA. Charities of a similar size with the same main cause include Leading by Example Foundation ($102k), Central Ravens ($102k) and American Special Childrens ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.6% of the total. At year end it held assets of $157k against liabilities of $39k, net assets of $119k.