Project Koru

Analysis

Project Koru is a registered charity in United States, based in Hood River, OR. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 2022, Project Koru reported income of $386k and spending of $387k, spending 100% of its income. Across the 3 years on record, from December 2019 to December 2022, income grew from $262k to $386k (+47%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 60%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Project Koru sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within OR. Charities of a similar size with the same main cause include Jewish Hospital & St Marys Healthcare Inc ($386k), Cacna1a Foundation Inc ($386k) and Taking Aim at Cancer in Louisiana ($386k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 32% of the total. Other salaries and wages came to $137k. At year end it held assets of $145k against liabilities of $67k, net assets of $79k. It reported 3 employees.