The Praxis Project Inc

Analysis

The Praxis Project Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, The Praxis Project Inc reported income of $15.1m and spending of $21.7m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.8m to $15.1m (+93%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Praxis Project Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Lutheran Seniorlife ($15.1m), Reliance Health Inc ($15.1m) and Calhoun-Liberty Hospital Association Inc ($15.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $238k (1.1% of expenses). Other salaries and wages came to $7.0m. It paid $156k in professional fundraising fees. At year end it held assets of $19.5m against liabilities of $1.6m, net assets of $17.9m. It reported 118 employees.