Project Momentum Inc

Analysis

Project Momentum Inc is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, Project Momentum Inc reported income of $109k and spending of $108k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $125k to $109k (-13%), an average of -13% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Project Momentum Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 37th percentile within NC. Charities of a similar size with the same main cause include West Grant Rescue Squad Inc ($109k), Down Syndrome Support Team ($109k) and Community Christian Counseling Center of Palm Beach County Inc ($109k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,955 against liabilities of $0, net assets of $4,955.