Project Now Inc

Analysis

Project Now Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in February 2000, 26 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 Now Inc reported income of $449k and spending of $351k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $164k to $449k (+173%), an average of +173% a year. The sharpest change came in the year to December 2023, when income rose by 173%. Over the whole period it spent 68% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Now 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 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include St Mary Outreach Inc ($449k), St Marys Caring Inc ($449k) and A Bridge for Kids ($449k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $186k. At year end it held assets of $175k against liabilities of $0, net assets of $175k. It reported 8 employees.