Project Seek Inc

Analysis

Project Seek Inc is a registered charity in United States, based in Seal Beach, CA. It received its IRS tax-exemption ruling in January 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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 March 2023, Project Seek Inc reported income of $310k and spending of $189k, leaving 39% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income grew from $208k to $310k (+49%), an average of +14% a year. The sharpest change came in the year to March 2023, when income rose by 155%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Seek Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Shidler College of Business Alumni Association ($310k), Bridgeland High Athletic Booster Club ($310k) and Economic Club of Indiana Inc ($310k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 15% of the total. At year end it held assets of $293k against liabilities of $0, net assets of $293k.