Financials
AN EXEMPLARY RECORD OF FINANCIAL STEWARDSHIP
Pratham USA is a 501(c)(3) nonprofit organization. We are proud of our record of using donor contributions responsibly and efficiently. Since our inception, we have focused on keeping our overhead low and maximizing the impact of every dollar received. Through its annual ranking, Charity Navigator has recognized Pratham USA for our adherence to good governance and other best practices that minimize the chance of unethical activities and for consistently executing our mission in a fiscally responsible way.
PRATHAM USA REVENUES
In FY 2016, Pratham USA raised $16.5 million net of expenses. Of this amount, 45% was received from individual donors and through fundraising events while 55% was received from corporate contributions and foundation grants.
Thanks to the support of our donors, including the Skoll and Hewlett Foundations, we were able to maintain our level of investment—over 91% of the funds raised by Pratham USA went directly to support programs in India. Below is a breakdown.
FINANCIALS - PRATHAM EDUCATION FOUNDATION
April 1, 2016 - March 31, 2017
Since the accounting period in India (April–March) differs from the one adopted in the US (January–December), there may be funds that are not utilized in the calendar year. Any remaining funds will be utilized on programs in the first quarter of 2017.
Financial Statements
Policy Documents
Auditors:
Pannell Kerr Forster of Texas, PC
Tax Consultants: RSM US LLP
GIVE WITH CONFIDENCE
For eight straight years, Pratham USA has earned a four-star rating from Charity Navigator for our “sound fiscal management” and “commitment to accountability and transparency,” a distinction that places Pratham USA in the top 3% of 1.5 million American charities.
Donors can give with confidence knowing that over 91% of funds raised by Pratham USA go directly to support our programs in India.
