Prosperity Community Outreach
EIN: 272443810 · Houston, TX · NTEE: W99
Is Prosperity Community Outreach Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prosperity Community Outreach
Prosperity Community Outreach (EIN: 272443810) is a nonprofit organization based in Houston, TX, classified under NTEE code W99. The organization reported total revenue of $2.5M and total assets of $179K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prosperity Community Outreach's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prosperity Community Outreach is a mid-size nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 35.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$59K |
| Total Assets | $68K |
| Net Assets | $68K |
| Operating Margin | 3.2% |
| Months of Reserves | 0.5 months |
Financial Health Grade: A
In 2023, Prosperity Community Outreach reported a surplus of $59K with revenue exceeding expenses, holds 0.5 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2013–2023), Prosperity Community Outreach's revenue has grown at a compound annual growth rate (CAGR) of 35.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +210.1% | +201.5% | +626.5% |
| 2022 | -0.6% | +1.1% | -85.3% |
| 2021 | -38.9% | -39.8% | +25.2% |
| 2020 | -29.1% | -28.3% | +143.6% |
| 2019 | +66.5% | +65.0% | +235.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prosperity Community Outreach has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Prosperity Community Outreach with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
Frequently Asked Questions about Prosperity Community Outreach
Is Prosperity Community Outreach a legitimate charity?
Based on AI analysis of IRS 990 filings, Prosperity Community Outreach (EIN: 272443810) insufficient data. 0 red flags identified, 0 strengths noted.
How does Prosperity Community Outreach spend its money?
Detailed spending breakdown data is not yet available for Prosperity Community Outreach. Check back for updated IRS 990 analysis.
Are donations to Prosperity Community Outreach tax-deductible?
Prosperity Community Outreach is registered as a tax-exempt nonprofit (EIN: 272443810). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Prosperity Community Outreach showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Prosperity Community Outreach's revenue has grown by 1933.3%, moving from $92K to $1.9M. Total assets increased by 1415.3% over the same period, from $5K to $68K. Total functional expenses rose by 1868.8%, from $92K to $1.8M. In its most recent filing year (2023), Prosperity Community Outreach reported a surplus of $59K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.8M | $68K | $0 | — | — |
| 2022 | $600K | $598K | $9K | $0 | — | View 990 |
| 2021 | $604K | $591K | $64K | $0 | — | View 990 |
| 2020 | $988K | $982K | $51K | $0 | — | — |
| 2019 | $1.4M | $1.4M | $21K | $0 | — | View 990 |
| 2018 | $837K | $829K | $6K | $0 | — | View 990 |
| 2017 | $1.0M | $1.0M | $-1,834 | $0 | — | View 990 |
| 2016 | $1.1M | $1.1M | $6K | $0 | — | View 990 |
| 2015 | $828K | $825K | $4K | $0 | — | View 990 |
| 2014 | $484K | $484K | $5K | $0 | — | View 990 |
| 2013 | $92K | $92K | $5K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.8M, and assets of $68K (revenue +210.1% year-over-year).
- 2022: Revenue of $600K, expenses of $598K, and assets of $9K (revenue -0.6% year-over-year).
- 2021: Revenue of $604K, expenses of $591K, and assets of $64K (revenue -38.9% year-over-year).
- 2020: Revenue of $988K, expenses of $982K, and assets of $51K (revenue -29.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $21K (revenue +66.5% year-over-year).
- 2018: Revenue of $837K, expenses of $829K, and assets of $6K (revenue -16.9% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $-1,834 (revenue -6.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $6K (revenue +29.9% year-over-year).
- 2015: Revenue of $828K, expenses of $825K, and assets of $4K (revenue +71.1% year-over-year).
- 2014: Revenue of $484K, expenses of $484K, and assets of $5K (revenue +428.3% year-over-year).
- 2013: Revenue of $92K, expenses of $92K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prosperity Community Outreach:
Data Sources and Methodology
This transparency report for Prosperity Community Outreach is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.