P 62 is a 501(c)(3) organization based in Austin, Texas, registered in 2019, with $129,100 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$129K
▲ 21.9% vs prior year
International median: $227K
Expenses (FY2025)
$85K
Net assets
$89K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for P 62— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For P 62: 12 mo reserves · +34% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for P 62— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For P 62: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $135K (FY2021) to $129K (FY2025) across 5 reported years.
Financial snapshot
Operating margin
33.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$89K
Total liabilities
$0
Net assets
$89K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $129,100▲21.9% | $85,457▼20.8% | $88,963▲96.3% | $88,963▲96.3% | 990PF |
| 2024 | $105,900▲50.7% | $107,887▼58.2% | $45,320▼4.2% | $45,320▼4.2% | 990PF |
| 2023 | $70,250▼86.6% | $258,045▼13.7% | $47,307▼79.9% | $47,307▼79.9% | 990PF |
| 2022 | $524,000▲288% | $299,175▲79.5% | $235,102▲2188% | $235,102▲2188% | 990 |
| 2021 | $135,000 | $166,671▲15.7% | $10,277▼75.5% | $10,277▼75.5% | 990EZ |
| 2020 | — | $144,080 | $41,948 | $41,948 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for P 62 (EIN 83-0787425) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.