Project Most Inc

Analysis

Project Most Inc is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 August 2023, Project Most Inc reported income of $2.3m and spending of $1.9m, spending 84% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.1m to $2.3m (+105%), an average of +20% a year. The sharpest change came in the year to August 2022, when income rose by 1893%. Over the whole period it spent 23% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Most Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include State Charter Schools Foundation of Georgia Inc ($2.3m), Holy Trinity Montessori ($2.3m) and Cottonwood School of Civics and Science ($2.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $138k (7.1% of expenses). Other salaries and wages came to $881k. At year end it held assets of $23.2m against liabilities of $195k, net assets of $23.1m. It reported 116 employees.