Project 52 Inc

Analysis

Project 52 Inc is a registered charity in United States, based in Urbandale, IA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 52 Inc reported income of $94k and spending of $87k, spending 93% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $129k to $94k (-27%), an average of -15% a year. The sharpest change came in the year to December 2022, when income dropped by 41%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Project 52 Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within IA. Charities of a similar size with the same main cause include Pediatric Chaplains Network ($94k), Warriors Best Friend Foundation ($94k) and Tudor House ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $49k against liabilities of $1,481, net assets of $47k.