Project Extreme

Analysis

Project Extreme is a registered charity in United States, based in Lawrence, NY. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Project Extreme reported income of $2.2m and spending of $2.5m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.2m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Extreme sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Boys & Girls Clubs of Citrus County Inc ($2.2m), Bridge Meadows ($2.2m) and City Kids to Wilderness Project Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 6.8% of the total. Compensation of current officers, directors and key employees was $497k (20% of expenses). Other salaries and wages came to $726k. At year end it held assets of $972k against liabilities of $830k, net assets of $141k. It reported 23 employees.