Project Community Inc

Analysis

Project Community Inc is a registered charity in United States, based in Pelham, NY. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 Community Inc reported income of $77k and spending of $66k, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $59k to $77k (+31%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 625%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Community Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include McLean Volunteer Fire Department Inc ($77k), West Coast Singers ($77k) and Golden Eagle Education Foundation Inc ($77k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.