Project Lifelong

Analysis

Project Lifelong is a registered charity in United States, based in McClellan, CA. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Lifelong reported income of $160k and spending of $165k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $282k to $160k (-43%), an average of -13% a year. The sharpest change came in the year to December 2020, when income dropped by 25%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Lifelong sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 51st percentile within CA. Charities of a similar size with the same main cause include Tascosa Band & Orchestra Parents ($160k), Bloomfield Educational Foundation Incorporated ($160k) and Evans Scholars Foundation ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $50k (30% of expenses). Other salaries and wages came to $67k. At year end it held assets of $106k against liabilities of $0, net assets of $106k. It reported 7 employees.