Project Create

Analysis

Project Create is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2003, 23 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 Create reported income of $1.8m and spending of $1.0m, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $1.8m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 67% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Project Create sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 64th percentile within DC. Charities of a similar size with the same main cause include Mountain and Sea Educational Adventures ($1.8m), The California 4-H Foundation ($1.8m) and First Graduate ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 5.4% of the total. Compensation of current officers, directors and key employees was $92k (8.9% of expenses). Other salaries and wages came to $338k. It paid $31k in professional fundraising fees. At year end it held assets of $3.8m against liabilities of $1.5m, net assets of $2.3m. It reported 7 employees.