Projects with Care Inc

Analysis

Projects with Care Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Projects with Care Inc reported income of $709k and spending of $792k, spending 112% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $92k to $709k (+671%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 150%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Projects with Care Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Cape Girardeau Council on Aging ($709k), New Vision Youth and Family Services Inc ($709k) and Samaritan Counseling Centers Inc ($709k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. Other salaries and wages came to $102k. At year end it held assets of $289k against liabilities of $35k, net assets of $255k. It reported 2 employees.