Project People Foundation

Analysis

Project People Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Project People Foundation reported income of $54k and spending of $76k, spending 141% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $66k to $54k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Project People Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within NY. Charities of a similar size with the same main cause include Overland Trail Elementary PTO Inc ($54k), Henrys Heroes Foundation Inc ($54k) and Chester County Police and Fire Hero Fund ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.