Project 2 Heal

Analysis

Project 2 Heal is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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 2 Heal reported income of $402k and spending of $397k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $402k (+46%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 92% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Project 2 Heal sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include Wild West Wildlife Rehabilitation Center ($402k), Doodle Dandy Rescue ($402k) and Foundation for Western Fish and Wildlife ($402k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 105% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $49k (12% of expenses). Other salaries and wages came to $184k. At year end it held assets of $462k against liabilities of $138k, net assets of $324k. It reported 15 employees.