Projecto Honduras

Analysis

Projecto Honduras is a registered charity in United States, based in Federal Way, WA. It received its IRS tax-exemption ruling in January 2009, 17 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 December 2023, Projecto Honduras reported income of $146k and spending of $94k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income grew from $104k to $146k (+40%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Projecto Honduras sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Northern California Lions Sight Association ($146k), Ryans Quest Inc ($146k) and 22q Family Foundation Inc ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $337k against liabilities of $0, net assets of $337k.