Aurora Project

Analysis

Aurora Project is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in August 1986, 40 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 June 2023, Aurora Project reported income of $541k and spending of $658k, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $488k to $541k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 109% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Aurora Project sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Hearth Homes of Waterbury Inc ($541k), Find-A-Way II Inc ($542k) and Lima Ecumenical Housing Corp ($541k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 76% of the total. Compensation of current officers, directors and key employees was $413k (63% of expenses). At year end it held assets of $739k against liabilities of $86k, net assets of $653k. It reported 16 employees.