Project R I G H T Inc

Analysis

Project R I G H T Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in April 1996, 30 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 June 2023, Project R I G H T Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.5m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 84%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project R I G H T Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MA. Charities of a similar size with the same main cause include Akron-Caton Regional Foodbank Endowment ($1.5m), Kings and Queens Day Care Center Inc a New Non-Profit Tenn Corp ($1.5m) and Beacon Rescue Mission ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $156k (10% of expenses). Other salaries and wages came to $763k. At year end it held assets of $559k against liabilities of $244k, net assets of $314k. It reported 35 employees.