Prama Institute
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION OF THE PRAMA INSTITUTE IS TO ENGAGE IN EDUCATIONAL ACTIVITIES AND SOCIAL ACTIONS TO LIBERATE THE INTELLECT AND FURTHER INDIVIDUAL AND COLLECTIVE WELFARE THROUGH EDUCATIONAL PROGRAMS, COMMUNITY DEVELOPMENT, SOCIAL SERVICES AND THE DISSEMINATION OF RELATED PUBLICATIONS AND MATERIALS.
- Income
- $351,574
- Spending
- $347,794
- Spent on programs
- 100%
- Reserves
- -1.9 months of spending
- Largest source of income
- fees for its services, 93%
- Employees
- 14
- Highest pay
- $49,281, treasurer
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 47 out of 100. Higher than 15% of charities in its peer group (health care, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20It owes 33% of what it owns.
Living within its means
12 of 15Income exceeded spending by 1% of income.
Income trend
10 of 15Income fell 1% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 76 out of 100. Higher than 49% of charities in its peer group (health care, $250k to $1m).
Independent board
25 of 254 of 6 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $73,476 spent. Prama Wellness Center - The Wellness Center operates retreats that educate people about healthy diet and lidestyle. It provided participants with individualized recommendations for personal diet and lifestyle. It provided participants with individualized recommendations for personal diets, exercises and other changes to their lives so that they can improve their mental and physical health in a natural way. The Wellness Center offered one day educational programs for wellness as well as provided on-going health coaching to those interested in this sport.
- $995 spent. Community Partnerships - The Prama Institute partners with other organizations to assist them in conducting retreats or conferences at the Prama Institute facilities. The Prama Institute will assist with logistics, accomodations, meals and marketing to help conduct these programs. Partmers conduct educational programs that are consistent with the mission and purpose of the Prama Institute.
- $273,323 spent. Prama Institute Programs - These are educational retreats, conferences and workshops conducted directly by Prama Institute staff and invited teachers or speakers. The Prama Institute sets the topics, dates and all the details related to the program.
- Prama Institute periodically hold free public educational events at its facility or in another public venue.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2017.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Pratt Institute (Brooklyn, NY), EIN 11-1630822. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.