Project Deep Association Inc

Analysis

Project Deep Association Inc is a registered charity in United States, based in Dorchester, MA. It received its IRS tax-exemption ruling in October 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Deep Association Inc reported income of $213k and spending of $167k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $181k to $213k (+18%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 18%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Deep Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Friends of the Rochester Hills Public Library Inc ($213k), California Institute of Career Development ($213k) and Del Rev Parents Club ($213k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $120k (71% of expenses). It paid $600 in professional fundraising fees. At year end it held assets of $146k against liabilities of $0, net assets of $146k. It reported 1 employees.