Project of Easton Inc

Analysis

Project of Easton Inc is a registered charity in United States, based in Easton, PA. It received its IRS tax-exemption ruling in April 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Project of Easton Inc reported income of $2.1m and spending of $2.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.6m to $2.1m (+34%), an average of +7.5% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project of Easton 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 86th percentile, and in the 85th percentile within PA. Charities of a similar size with the same main cause include America Family Law Center ($2.1m), FBH Community Inc ($2.1m) and The Arc Los Angeles and Orange Counties ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $175k (8.8% of expenses). At year end it held assets of $4.5m against liabilities of $120k, net assets of $4.4m. It reported 46 employees.