Project Stork Inc

Analysis

Project Stork Inc is a registered charity in United States, based in Oakfield, NY. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Project Stork Inc reported income of $127k and spending of $131k, spending 103% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $106k to $127k (+19%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Stork Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Rhode Island Turnpike and Bridge Foundation ($127k), BLD Trenton Foundation Inc ($127k) and Christian Mens Job Corps of Lufkin ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.