Denan Project Inc

Analysis

Denan Project Inc is a registered charity in United States, based in The Villages, FL. It received its IRS tax-exemption ruling in November 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Denan Project Inc reported income of $288k and spending of $230k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $221k to $288k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Denan Project Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within FL. Charities of a similar size with the same main cause include Thousand Smiles Foundation ($288k), Maple Microdevelopment ($288k) and Abandoned Little Angels-Nhom Thuong ($288k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $698k against liabilities of $218, net assets of $698k.