Project 1-1

Analysis

Project 1-1 is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2019, 7 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 1-1 reported income of $96k and spending of $137k, spending 142% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $168k to $96k (-43%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. 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, Project 1-1 sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Geneseo Groveland Emergency Food Pantry Inc ($96k), New Magnolia Baptist Church ($97k) and Hadwin Family Foundation Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.