Project Starburst

Analysis

Project Starburst is a registered charity in United States, based in Big Rapids, MI. It received its IRS tax-exemption ruling in May 1978, 48 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 September 2023, Project Starburst reported income of $150k and spending of $198k, spending 132% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $124k to $150k (+21%), an average of +4.8% a year. The sharpest change came in the year to September 2020, when income rose by 26%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Project Starburst sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 47th percentile within MI. Charities of a similar size with the same main cause include Little League Baseball Inc ($150k), Lewis Township Volunteer Fire Company Inc ($150k) and Paola Senior Center ($150k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Other salaries and wages came to $68k. At year end it held assets of $48k against liabilities of $2,349, net assets of $46k. It reported 2 employees.