Project Rock South Inc

Analysis

Project Rock South Inc is a registered charity in United States, based in Port St Lucie, FL. It received its IRS tax-exemption ruling in July 2006, 20 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 September 2023, Project Rock South Inc reported income of $189k and spending of $202k, spending 107% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $212k to $189k (-11%), an average of -5.7% a year. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Rock South Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within FL. Charities of a similar size with the same main cause include Leonard Education Organization Inc ($189k), Center for Jewish Family Life Inc ($189k) and Univ of South Alabama Foundation for Research and Commercialization ($189k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $114k. At year end it held assets of $23k against liabilities of $58k, net assets of -$35k. It reported 5 employees.