Projects Inc

Analysis

Projects Inc is a registered charity in United States, based in Bucyrus, OH. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Projects Inc reported income of $256k and spending of $168k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $52k to $256k (+393%), an average of +49% a year. The sharpest change came in the year to December 2020, when income rose by 139%. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Projects Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Arctictoday ($256k), Water Climate Trust ($256k) and Alabama Coastal Heritage TR ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $681k against liabilities of $0, net assets of $681k.