Projects for Progress

Analysis

Projects for Progress is a registered charity in United States, based in Monroe, GA. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Projects for Progress reported income of $490k and spending of $179k, leaving 64% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $70k to $490k (+599%), an average of +599% a year. The sharpest change came in the year to December 2023, when income rose by 599%. Over the whole period it spent 49% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Projects for Progress sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within GA. Charities of a similar size with the same main cause include Soliya Inc ($490k), Family Life Missions Inc ($490k) and Global Ties Abq ($490k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $396k against liabilities of $0, net assets of $396k.