Whitefield Project
Analysis
Whitefield Project is a registered charity in United States, based in Southlake, TX. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Whitefield Project reported income of $259k and spending of $190k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $241k to $259k (+7.5%), an average of +3.7% a year. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Whitefield Project sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include The Exchange ($259k), Caring for the Heart Ministries ($259k) and Carlo Fabbrini Ministries ($259k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $140k (73% of expenses). At year end it held assets of $170k against liabilities of $1,383, net assets of $168k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Exchange | Longmont | $259k |
| Caring for the Heart Ministries | Colorado Springs | $259k |
| Carlo Fabbrini Ministries | Buckley | $259k |
| Ocala United Inc | Ocala | $259k |