Ceres Community Project

Analysis

Ceres Community Project is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2023, Ceres Community Project reported income of $8.1m and spending of $5.3m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $8.1m (+221%), an average of +34% a year. The sharpest change came in the year to December 2020, when income rose by 106%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ceres Community Project sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include George Junior Republic in Indiana Inc ($8.1m), Dorot Inc ($8.2m) and Phoenix Suns Charities Inc ($8.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $173k (3.3% of expenses). Other salaries and wages came to $2.7m. At year end it held assets of $7.2m against liabilities of $746k, net assets of $6.5m. It reported 99 employees.