Project One Forty Three Inc

Analysis

Project One Forty Three Inc is a registered charity in United States, based in HGHLNDS Ranch, CO. It received its IRS tax-exemption ruling in April 2010, 16 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 (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, Project One Forty Three Inc reported income of $214k and spending of $285k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $820k to $214k (-74%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 183%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Project One Forty Three Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 52nd percentile within CO. Charities of a similar size with the same main cause include Roosters Foundation of Orange County ($214k), Teddi Projects Inc ($214k) and Metro Manhattan Community Foundation ($214k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $95k (33% of expenses). Other salaries and wages came to $70k. At year end it held assets of $724k against liabilities of $246, net assets of $724k.