Prevention Institute

Analysis

Prevention Institute is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in January 1998, 28 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 September 2023, Prevention Institute reported income of $7.0m and spending of $6.7m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.8m to $7.0m (+46%), an average of +10% a year. The sharpest change came in the year to September 2021, when income rose by 53%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Prevention Institute sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Discalced Inc ($7.0m), Arts Partnership ($7.0m) and Global Disciples ($6.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $837k (12% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $17.2m against liabilities of $1.7m, net assets of $15.5m. It reported 45 employees.