Project 1 27

Analysis

Project 1 27 is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in July 2009, 17 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 June 2023, Project 1 27 reported income of $1.0m and spending of $1.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $434k to $1.0m (+137%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 57%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Project 1 27 sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within CO. Charities of a similar size with the same main cause include Likras Shabbos Inc ($1.0m), Need Him National Media Outreach ($1.0m) and Vista Christian Retreat Inc ($1.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $98k (9.7% of expenses). Other salaries and wages came to $574k. At year end it held assets of $233k against liabilities of $20k, net assets of $213k. It reported 9 employees.