The Princess Project

Analysis

The Princess Project is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in November 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, The Princess Project reported income of $153k and spending of $84k, leaving 45% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $50k to $153k (+207%), an average of +207% a year. The sharpest change came in the year to June 2023, when income rose by 207%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Princess Project sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Biznet Incorporated ($153k), Growingsoul Inc ($153k) and Colorado P E O Charitable Corporation ($153k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.