The Fortress Project Inc

Analysis

The Fortress Project Inc is a registered charity in United States, based in Hammond, WI. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, The Fortress Project Inc reported income of $7.6m and spending of $7.3m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $931k to $7.6m (+716%), an average of +69% a year. The sharpest change came in the year to December 2021, when income rose by 178%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Fortress Project Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within WI. Charities of a similar size with the same main cause include LA Familia Counseling Center Inc ($7.6m), Nutri Meal Resources ($7.6m) and City Rescue Mission Inc ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $354k (4.8% of expenses). Other salaries and wages came to $170k. At year end it held assets of $1.0m against liabilities of $426k, net assets of $582k. It reported 7 employees.