Project by Project

Analysis

Project by Project is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project by Project reported income of $540k and spending of $448k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $540k (+209%), an average of +33% a year. The sharpest change came in the year to December 2021, when income rose by 202%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project by Project sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Babies Need Bottoms Inc ($540k), Memphis Urban League Inc ($540k) and Generations Family Services Inc ($540k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $455k against liabilities of $295, net assets of $455k.