Project Simeon 2000

Analysis

Project Simeon 2000 is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in January 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Simeon 2000 reported income of $389k and spending of $328k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $85k to $389k (+355%), an average of +113% a year. The sharpest change came in the year to December 2022, when income rose by 118%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Project Simeon 2000 sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within IL. Charities of a similar size with the same main cause include School Ministries ($389k), Rose City Montessori School Inc ($389k) and East Central Indiana Robotics Inc ($389k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $92k (28% of expenses). At year end it held assets of $150k against liabilities of $63k, net assets of $87k.