Project Esperanza Inc

Analysis

Project Esperanza Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in May 2007, 19 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 September 2023, Project Esperanza Inc reported income of $169k and spending of $174k, spending 103% of its income. Across the 3 years on record, from September 2020 to September 2023, income grew from $161k to $169k (+4.9%), an average of +2.4% a year. The sharpest change came in the year to September 2023, when income rose by 35%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Esperanza Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within VA. Charities of a similar size with the same main cause include Paul Laurence Dunbar Band Parents Association Inc ($169k), Granite Mountain Interagency Hotshot Crew Learning and Tribute ($169k) and Lake Norman Charter Athletic Booster Club ($169k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $482k against liabilities of $207k, net assets of $275k.