Perfect Earth Project Inc

Analysis

Perfect Earth Project Inc is a registered charity in United States, based in East Hampton, NY. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Perfect Earth Project Inc reported income of $628k and spending of $758k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $210k to $628k (+199%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 79% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Perfect Earth Project Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include American Initiatives for Social Development Foundation ($628k), Kageno Worldwide Inc ($629k) and New Hope Childrens Ministries ($628k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.6% of the total. Compensation of current officers, directors and key employees was $306k (40% of expenses). Other salaries and wages came to $176k. At year end it held assets of $825k against liabilities of $18k, net assets of $807k. It reported 4 employees.