Perlan Project Inc

Analysis

Perlan Project Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Perlan Project Inc reported income of $603k and spending of $1.3m, spending 214% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $827k to $603k (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 148% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Perlan Project Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within OR. Charities of a similar size with the same main cause include Opera Modesto Inc ($603k), Historic Fort Worth Inc ($603k) and Perlman Music Program Inc ($603k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. At year end it held assets of $803k against liabilities of $0, net assets of $803k.