Project Beauty Share

Analysis

Project Beauty Share is a registered charity in United States, based in Spokane, WA. It received its IRS tax-exemption ruling in October 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 (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 Beauty Share reported income of $2.5m and spending of $2.1m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.7m to $2.5m (-7.8%), an average of -2.0% a year. The sharpest change came in the year to December 2020, when income rose by 67%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Beauty Share sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Interfaith Charities of South Lee Inc ($2.5m), Paul Anderson Youth Home - Vidalia Inc ($2.5m) and Boost Others Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $54k (2.7% of expenses). Other salaries and wages came to $80k. At year end it held assets of $2.5m against liabilities of $86k, net assets of $2.4m. It reported 4 employees.