Butterfly Project

Analysis

Butterfly Project is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in June 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Butterfly Project reported income of $215k and spending of $194k, spending 90% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $207k to $215k (+3.9%), an average of +1.9% a year. The sharpest change came in the year to December 2022, when income rose by 21%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Butterfly Project sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Lubavitch Youth Jerusalem Inc ($215k), World Ministry Church International ($215k) and Apple of His Eye Mission Society ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $54k. At year end it held assets of $211k against liabilities of $2,952, net assets of $208k. It reported 1 employees.