Logo for "Why Not Prosper Inc"

Why Not Prosper Inc

Why Not Prosper Inc

Norristown, PA, US
501(c)(3)
EIN
23-3089308
Logo for "Why Not Prosper Inc"

Why Not Prosper Inc

Norristown, PA, US
501(c)(3)
EIN
23-3089308

Overview

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Est.

2001

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Why Not Prosper Inc is a nonprofit organization dedicated to economic development by providing social services to women who have been incarcerated. With an operating budget of $1.7 million and total revenue of $1.8 million for the 2024 filing year, the organization has diverse funding sources, with no single funder contributing 50% or more of its revenue. For more information, visit their website at www.whynotprosper.org.

Mission Statement

provide social services to womaen who have been incarceraeted
Revenues

$1.8M

Expenses

$1.7M

Net Income:
+$93.6K
Assets

$580.8K

Liabilities

$418K

Net Assets:
+$162.8K
Operating Budget

$1.7M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

26

Median grant size
$24.8K
Largest grant received
$133.7K
M
Michelle a Simmons
Board Member
J
Julie Currie
Board Member
C
Carol Austin
Board Member

Frequently Asked Questions

What is Why Not Prosper Inc’s budget?
In 2024, Why Not Prosper Inc reported an annual operating budget of around $1.7 million. More detailed financial information is available to registered users.
What causes does Why Not Prosper Inc support?
Why Not Prosper Inc supports work in Economic development.
Where does Why Not Prosper Inc operate?
Why Not Prosper Inc is headquartered in Norristown, PA.
Who funded Why Not Prosper Inc recently?
In 2025, Why Not Prosper Inc received grants from RAYMOND JAMES CHARITABLE ENDOWMENT FUND, CHARITIES AID FOUNDATION AMERICA, and PHILADELPHIA ACTIVITIES FUND INC. More information on this organization’s funders is available to registered users.
What is the largest grant Why Not Prosper Inc received in 2024?
The largest grant to Why Not Prosper Inc in 2024 exceeds $134 thousand.
What is Why Not Prosper Inc’s reliance on government grants?
Why Not Prosper Inc relied on government grants for less than 5% of their total revenue in 2024.
Overview
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