Public Relations Society Of America Inc
Public Relations Society Of America Inc shows consistent revenue but recent operational deficits, maintaining a strong asset base.
EIN: 131582190 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $12.9M |
| Total Expenses | $10.0M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $12M |
| Net Assets | $3.3M |
| Transparency Score | 75/100 |
Is Public Relations Society Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Public Relations Society Of America Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Public Relations Society Of America Inc
Public Relations Society Of America Inc (EIN: 131582190) is a nonprofit organization based in New York, NY. The organization reported total revenue of $12.9M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Public Relations Society Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Public Relations Society Of America Inc is a large nonprofit that has been operating for 72 years, with 9 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.3M |
| Total Expenses | $10.0M |
| Surplus / Deficit | $-725,978 |
| Total Assets | $7.9M |
| Total Liabilities | $4.6M |
| Net Assets | $3.3M |
| Operating Margin | -7.8% |
| Debt-to-Asset Ratio | 58.0% |
| Months of Reserves | 9.5 months |
Financial Health Grade: C
In 2021, Public Relations Society Of America Inc reported a deficit of $726K with expenses exceeding revenue, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 58.0% (high leverage).
Financial Trends
Over 9 years of filings (2011–2021), Public Relations Society Of America Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +9.9% | +1.0% | +9.7% |
| 2020 | -36.3% | -27.5% | -16.1% |
| 2019 | -4.0% | +4.9% | +1.8% |
| 2018 | +15.0% | +11.1% | +0.2% |
| 2017 | +2.4% | +3.3% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1954 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Public Relations Society Of America Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Public Relations Society Of America Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $726K, with expenses exceeding revenue.
- Debt-to-asset ratio: 58.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for Officer Compensation, which is unusual for an organization of this size ($12M+ revenue) and suggests either a fully volunteer leadership or that compensation is reported under different categories, warranting further investigation for full transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Public Relations Society Of America Inc's IRS 990 filings:
- Consistent operational deficits in recent years (2019-2021), with expenses exceeding revenues.
- Lack of reported officer compensation across all filings, which is unusual for an organization of this scale and warrants further scrutiny for transparency.
Strengths
The following positive indicators were identified for Public Relations Society Of America Inc:
- Strong and growing asset base, reaching $8,769,859 in the latest period, indicating financial stability.
- Consistent revenue generation over a long period, typically in the $11M-$13M range, demonstrating a stable funding model.
- Long operational history with 9 filings, suggesting an established and enduring organization.
Frequently Asked Questions about Public Relations Society Of America Inc
Is Public Relations Society Of America Inc a legitimate charity?
Public Relations Society Of America Inc (EIN: 131582190) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $12.9M. 2 red flags identified. 3 strengths noted. Financial health grade: C.
How does Public Relations Society Of America Inc spend its money?
Public Relations Society Of America Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Public Relations Society Of America Inc tax-deductible?
Public Relations Society Of America Inc is registered as a tax-exempt nonprofit (EIN: 131582190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Public Relations Society Of America Inc CEO make?
Public Relations Society Of America Inc's highest-compensated officer earns $12M annually. The organization reported $12.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Public Relations Society Of America Inc's spending goes to programs?
Public Relations Society Of America Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Public Relations Society Of America Inc located?
Public Relations Society Of America Inc is headquartered in New York, New York and files with the IRS under EIN 131582190.
How many years of IRS 990 filings does Public Relations Society Of America Inc have?
Public Relations Society Of America Inc has 9 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.9M in total revenue.
Is Public Relations Society Of America Inc a good charity?
Based on the available data, PRSA appears to be a well-established professional organization with a strong asset base. While recent years show operational deficits, its long-term financial stability and consistent revenue streams suggest it effectively serves its mission. The lack of reported officer compensation is a point for further inquiry regarding transparency.
Why are expenses exceeding revenue in recent years?
From 2019 to 2021, PRSA's expenses consistently exceeded its revenues (e.g., $10,004,440 expenses vs. $9,278,462 revenue in 2021). This could be due to strategic investments, economic downturns impacting membership/event revenue, or increased operational costs. While not ideal for sustained periods, the organization's strong asset base ($8,769,859) provides a buffer.
How does PRSA manage its liabilities?
PRSA's liabilities have fluctuated, reaching a high of $4,605,903 in 2021, but generally remain manageable relative to its assets. For instance, in 2021, assets were $7,935,177 against liabilities of $4,605,903, indicating a healthy asset-to-liability ratio.
Filing History
IRS 990 filing history for Public Relations Society Of America Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2021), Public Relations Society Of America Inc's revenue has declined by 13.4%, moving from $10.7M to $9.3M. Total assets increased by 36.9% over the same period, from $5.8M to $7.9M. Total functional expenses fell by 5.3%, from $10.6M to $10.0M. In its most recent filing year (2021), Public Relations Society Of America Inc reported a deficit of $726K, with expenses exceeding revenue. The organization holds $4.6M in liabilities against $7.9M in assets (debt-to-asset ratio: 58.0%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $9.3M | $10.0M | $7.9M | $4.6M | — | View 990 |
| 2020 | $8.4M | $9.9M | $7.2M | $3.4M | — | — |
| 2019 | $13.2M | $13.7M | $8.6M | $3.9M | — | View 990 |
| 2018 | $13.8M | $13.0M | $8.5M | $2.5M | — | View 990 |
| 2017 | $12.0M | $11.7M | $8.5M | $2.2M | — | — |
| 2015 | $11.7M | $11.3M | $8.1M | $2.4M | — | View 990 |
| 2013 | $11.6M | $10.9M | $6.9M | $2.0M | — | View 990 |
| 2012 | $11.2M | $10.7M | $6.5M | $2.4M | — | View 990 |
| 2011 | $10.7M | $10.6M | $5.8M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $9.3M, expenses of $10.0M, and assets of $7.9M (revenue +9.9% year-over-year).
- 2020: Revenue of $8.4M, expenses of $9.9M, and assets of $7.2M (revenue -36.3% year-over-year).
- 2019: Revenue of $13.2M, expenses of $13.7M, and assets of $8.6M (revenue -4.0% year-over-year).
- 2018: Revenue of $13.8M, expenses of $13.0M, and assets of $8.5M (revenue +15.0% year-over-year).
- 2017: Revenue of $12.0M, expenses of $11.7M, and assets of $8.5M (revenue +2.4% year-over-year).
- 2015: Revenue of $11.7M, expenses of $11.3M, and assets of $8.1M (revenue +0.9% year-over-year).
- 2013: Revenue of $11.6M, expenses of $10.9M, and assets of $6.9M (revenue +4.1% year-over-year).
- 2012: Revenue of $11.2M, expenses of $10.7M, and assets of $6.5M (revenue +4.1% year-over-year).
- 2011: Revenue of $10.7M, expenses of $10.6M, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Public Relations Society Of America Inc:
Data Sources and Methodology
This transparency report for Public Relations Society Of America Inc 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.