Project Celebration of Springtown

Analysis

Project Celebration of Springtown is a registered charity in United States, based in Springtown, TX. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Project Celebration of Springtown reported income of $73k and spending of $72k, spending 98% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $39k to $73k (+90%), an average of +38% a year. The sharpest change came in the year to May 2024, when income rose by 139%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Celebration of Springtown sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include McMillen High School Band Boosters ($73k), Kearney School District Education Foundation ($73k) and Tarrant County Education Foundation ($73k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 73% of the total. At year end it held assets of $2,441 against liabilities of $0, net assets of $2,441.