Project 2 49 Inc

Analysis

Project 2 49 Inc is a registered charity in United States, based in Montrose, MI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 49 Inc reported income of $185k and spending of $184k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $181k to $185k (+1.9%), an average of +0.9% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Project 2 49 Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Supreme Task International Inc ($185k), Iglesia Pentecostal Ministerios Trono de Gracia ($185k) and Nebraska Lutheran Outdoor Ministries Foundation Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.