Pulsera Project

Analysis

Pulsera Project is a registered charity in United States, based in West Chester, PA. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Pulsera Project reported income of $426k and spending of $324k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to June 2023, income fell from $742k to $426k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pulsera Project sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Tahoe Yacht Club Foundation Inc ($426k), Caring Arms Inc ($426k) and Russian Leadership Ministries ($426k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 1.5% of the total. Other salaries and wages came to $135k. At year end it held assets of $937k against liabilities of $150k, net assets of $787k. It reported 4 employees.