Medici Project Inc

Analysis

Medici Project Inc is a registered charity in United States, based in Sugar Valley, GA. It received its IRS tax-exemption ruling in March 2009, 17 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, Medici Project Inc reported income of $154k and spending of $112k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $154k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 84% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Medici Project Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within GA. Charities of a similar size with the same main cause include Sun City Community Assistance Network ($154k), City of Angels Childrens Project Inc ($154k) and Kids Town House Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $51k against liabilities of $288, net assets of $51k.